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Bruker closes $229M buyout of Veeco instruments biz

Fri, 10/08/2010 - 10:34am
Mass High Tech: The Journal of New England Technology

Medical technology developer Bruker Corp. has completed its $229.4 million cash acquisition of the Veeco Instruments Inc.’s Atomic Force Microscopy (AFM) and the Optical Industrial Metrology (OIM) instruments businesses.

The buyout deal calls for California’s AFM and Arizona’s OIM businesses, with more than 350 employees, to join Bruker AXS Group’s Bruker Nano Division. Veeco’s executive vice president of its metrology and instruments business, Mark Munch, will take the role of president of Bruker Nano Inc.

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