# Veeco Instruments Veeco Instruments is an other based in Plainview, United States. ## Overview - **Organization type:** other - **Headquarters:** Plainview, United States - **Region:** North America - **Address:** Plainview, NY, United States - **Founded:** 1945 - **Assets under management:** Undisclosed - **Website:** veeco.com ## Regulatory record - **Reports private funds:** No ## About Veeco Instruments traces its founding to 1945 and has its headquarters in Plainview, New York. The company went public on NASDAQ in 1994 under the ticker VECO. Over the decades it has consolidated numerous small equipment makers, acquiring Solid State Equipment, SUSS MicroTec's mask aligner business, and Ultratech Inc. in 2021. The company designs and manufactures chemical vapor deposition (CVD), atomic layer deposition (ALD), and ion beam etch systems. Its equipment is used to fabricate compound semiconductors, microLEDs, hard disk drives, and power electronics. Key customers include Samsung, SK hynix, and TSMC. Veeco operates in North America, Europe, and East Asia, with offices in Montreal, San Jose, Mexico City, and Seoul. Veeco employs roughly 1,600 people as of its most recent public filing. R&D spending represents about 18% of revenue, reflecting the capital-intensive nature of the business. The company's products sit at a critical juncture in the semiconductor supply chain — between materials suppliers and the fabs themselves. A structural differentiator is Veeco's installed base of over 2,000 systems worldwide, which drives a recurring service and spare-parts revenue stream. The company also benefits from co-development relationships with chipmakers that make it difficult for new entrants to displace its machines from qualified production lines. ## Sectors - Industrial Tech - Semiconductors - Advanced Manufacturing ## Offices - Montreal, Canada - San Jose, CA, United States - Mexico City, Mexico - Seoul, South Korea ## People - John R. Peeler — Chairman and Chief Executive Officer ## Questions ### Who runs investment decisions at Veeco Instruments? John R. Peeler serves as Chairman and CEO. Investment decisions around capital allocation are made by the executive team within the framework of the board-approved strategic plan, with a focus on R&D and selective acquisitions. The company has not disclosed a dedicated CIO or investment committee separate from its management. ### How does Veeco source proprietary deal flow? Veeco's acquisitions historically came through direct outreach to small equipment firms and technology partnerships. The company does not operate a venture arm or external sourcing team. Acquisitions like Ultratech were motivated by technology gaps in its own product line. ### Does Veeco participate in fund commitments or only direct capital expenditures? Veeco deploys capital through internal R&D and M&A, not through external fund commitments. The company has not reported any investments in venture funds, private equity, or other asset managers. ### What investment stages does Veeco typically target? Veeco targets mature technology companies that complement its manufacturing expertise. Its acquisitions have been asset-heavy equipment firms rather than early-stage startups. The company has not disclosed participation in any seed or Series A rounds. ### Which sectors does Veeco explicitly avoid? Veeco does not invest in software, biotech, or consumer products. The company's focus is entirely on capital equipment for semiconductor and advanced materials markets. ### How is Veeco related to its parent or spin-out entities? Veeco has no parent company. It has spun off some non-core units, such as its data storage components business in 2014, but maintains no operational relationship with those entities. ## Related profiles - [S.A.B de C.V](https://altss.com/profile/sab-de-cv) - [Sun Finance Group](https://altss.com/profile/sun-finance-group) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/veeco-instruments Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology