History

Transformation from Industry Player to Industry Leader

History

1945

Vacuum Electronic Equipment Co., Veeco was founded specializing in leak detector equipment.

1989

Veeco's then-COO Edward H. Braun, together with a group of senior executives, led a management buy-out to create a new equipment company for the semiconductor and data storage industries. Mr. Braun was named CEO.

1994

Veeco completed an Initial Public Offering on the NASDAQ stock market. At the time, Veeco’s sales were approximately $30 million.

1999

Veeco purchased Ion Tech, Inc. and entered into the optical coating market.

2001

Veeco purchased Applied EPI, its present-day Molecular Beam Epitaxy group in St. Paul, MN.

2003

Veeco purchased Emcore in Somerset, NJ, paving the way for its leading Metal Organic Chemical Vapor Deposition System business for the LED market.

2007 – 2010

Veeco launched multiple industry-changing MOCVD and MBE compound semiconductor systems and, in 2010, sold its metrology business to focus exclusively on Process Equipment.

2011

Veeco becomes the #1 provider of MOCVD systems, critical to making LEDs.   The TurboDisc MaxBright™ Multi-Reactor MOCVD system is launched to enable next-level, high volume production for general lighting.

2012

Veeco introduced SPECTOR-HT Ion Beam Sputtering system for high throughput optical coating applications.

2013

Veeco launched GENxplor™ R&D MBE System, the industry’s first fully integrated system.

2014

Veeco launched MOCVD systems to accelerate adoption of solid-state lighting and enable the transition from R&D to production of highly-efficient GaN power electronic devices. Veeco purchased Solid State Equipment LLC (SSEC) to extend its footprint into high growth markets with wet process technologies.

2015

Veeco shipped its 50th EPIK 700 MOCVD reactor in less than one year and received multiple orders from a leading foundry in Asia for its WaferStorm™ Wet Processing System.

2016

Veeco launched the TurboDisc K475i™ As/P MOCVD System for the production of red, orange, yellow (R/O/Y) light emitting diodes (LEDs), as well as multi-junction III-V solar cells, laser diodes and transistors. Veeco consolidated its manufacturing operations into one facility in Somerset, New Jersey to improve operational efficiency and meet customer needs.

2017

Veeco acquired Ultratech, Inc, a recognized leader of lithography products for Advanced Packaging applications and for LEDs and is a pioneer for laser spike anneal technology used for production of semiconductor devices.

2018

William J. Miller, Ph.D., named CEO. Dr. Miller previously served as President and has led several growth initiatives within Veeco’s business units and operations teams worldwide