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21 February 2017

Veeco and Ultratech announce early termination of HSR waiting period

On 17 February, the US Federal Trade Commission granted early termination of the Hart-Scott-Rodino (HSR) waiting period for the acquisition by epitaxial deposition and process equipment maker Veeco Instruments Inc in Plainview, NY, USA of Ultratech Inc of San Jose, CA, USA (which designs and makes lithography, laser-processing and inspection systems used to manufacture microelectronic devices and LEDs).

Early termination of the waiting period under the HSR Act satisfies one of the conditions for closing the transaction, which is expected in second-quarter 2017 (subject to approval by Ultratech shareholders as well as other closing conditions).

See related items:

Veeco to acquire Ultratech for $815m

Veeco increases public offering of notes from $200m to $300m

Tags: Veeco MOCVD MBE Wet processing Ultratech Lithography steppers

Visit: www.ultratech.com

Visit: www.veeco.com

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