Veeco Expands Compound Semiconductor R&D Portfolio with Agnitron Technology Strategic Partnership
July 11, 2014
PLAINVIEW, New York, July 11, 2014 – Veeco Instruments Inc. (Nasdaq: VECO) has formed a strategic partnership with Agnitron Technology, Inc., a focused compound semiconductor research and development company specializing in the refurbishment and upgrade of Veeco legacy metal organic chemical vapor deposition (MOCVD) equipment.
This partnership will allow universities and institutions to obtain low cost, reliable MOCVD systems for materials research and development applications. Additionally, Veeco R&D MOCVD system users will be able to upgrade to Agnitron’s innovative IMPERIUM™ software platform and have access to Agnitron’s technical support team.
“Veeco’s technology has served the compound semiconductor R&D and mass production markets for decades,” said William J. Miller, Ph.D., Executive Vice President of Veeco Process Equipment. “We are taking the next step to expand our R&D reach with Agnitron’s combined MOCVD refurbishment capabilities and differentiated software solutions. Together, we are launching compelling product offerings to a customer base that we know extremely well – leading research universities and labs around the world.”
IMPERIUM control software is available as an upgrade on Veeco’s legacy Discovery and Explorer Series MOCVD systems, providing increased functionality, productivity, and support from the legacy EpiView™ software. As a Veeco Certified™ Partner, Agnitron will leverage Veeco’s worldwide sales and service to expand their reach beyond the North American market.
“Partnering with a compound semiconductor equipment leader like Veeco allows us to meet the increasing worldwide demand for highly capable, low cost MOCVD solutions in the R&D space,” said Dr. Andrei Osinsky, President and CEO, Agnitron Technology, Inc. “Veeco’s customer connectivity will open doors to new markets in need of complete turn-key MOCVD solutions that are available with matched system components based on specific system and process needs.”
Veeco and Agnitron are exhibiting at the 17th International Conference on Metal Organic Vapor Phase Epitaxy (ICMOVPE) in Lausanne, Switzerland from July 13- July 18.
Veeco’s process equipment solutions enable the manufacture of LEDs, flexible OLEDs, power electronics, hard drives, MEMS and wireless chips. Veeco is the market leader in MOCVD, MBE, Ion Beam and other advanced thin film process technologies. Its high performance systems drive innovation in energy efficiency, consumer electronics and network storage and allow our customers to maximize productivity and achieve lower cost of ownership. For information on Veeco, its products and worldwide service and support, please visit www.veeco.com.
About Agnitron Technology, Inc.
Agnitron Technology, Inc. was founded in 2008 and is located in Eden Prairie, MN. They specialize in developing emerging compound semiconductor material and device technologies into profitable commercial products as well as economical custom MOCVD equipment solutions. Agnitron’s original IMPERIUM-MOCVD™ control software package provides a strong solution for the R&D community. Their diverse team and partners draw from backgrounds in physics, materials science, semiconductor processing and electrical and mechanical engineering. Collectively, this team is credited with more than 400 published manuscripts and over 50 patents. Visit www.agnitron.com for more information.
To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management's Discussion and Analysis sections of Veeco's Annual Report on Form 10-K for the year ended