Axcelis Technologies and Veeco Instruments Delay Merger Completion to Q1 2027
Axcelis Technologies (ACLS) and Veeco Instruments (VECO) have announced a delay in their planned merger, pushing the expected closing date to the first quarter of 2027. This marks a significant extension from the previous guidance, which had estimated a completion within the second half of 2026. The extended timeline is primarily attributed to the ongoing regulatory review process required for the transaction. Specifically, the deal remains subject to approval from China's State Administration for Market Regulation (SAMR), reflecting the complexities of cross-border semiconductor industry consolidations.
