# AXCELIS TECHNOLOGIES INC (ACLS) — merger [pending] Source: SEC API (secapi.ai) · situation sit_5a85e9d2421e12712a24 · retrieved 2026-08-11T16:16:03.541Z ## Overview Axcelis Technologies designs, manufactures, and provides life-cycle support for ion implantation systems, a critical enabling step in semiconductor IC manufacturing. Axcelis Technologies is pursuing a pending merger with Veeco Instruments, which was announced on October 1, 2025. The company expects to satisfy the remaining conditions and close the transaction in the second half of 2026. The filing reflects transaction and integration costs of $4.8 million in Q2 2026 and $15.2 million for the six months ended June 30, 2026, related to the merger agreement. ## Terms - Counterparty: Veeco Instruments · Consideration: stock · Premium: 18.0% · Stake: 40% ## Key dates - Announced 2026-01-28 · Vote 2026-02-06 · Expected close 2026-12-31 ## Timeline - 2026-01-28 · 425 (0001104659-26-007484): 425 - AXCELIS TECHNOLOGIES INC — *Axcelis Technologies, Inc. is a semiconductor equipment manufacturer specializing in ion implantation and other semiconductor capital equipment.* Axcelis Technologies, Inc. agreed to acquire Veeco Instruments Inc. in an all-stock merger pursuant to an Agreement and Plan of Merger entered into on September 30, 2025. Under the transaction, Veeco will merge with and into Axcelis' wholly-owned subsidiary Victory Merger Sub, Inc., with Veeco surviving as a wholly-owned subsidiary of Axcelis. Axcelis will hold a special stockholder meeting on February 6, 2026 to vote on the merger. The transaction is subject to customary closing conditions including regulatory and stockholder approvals. https://www.sec.gov/Archives/edgar/data/1113232/0001104659-26-007484.txt - 2026-02-02 · 425 (0001104659-26-008918): 425 - AXCELIS TECHNOLOGIES INC — *Axcelis Technologies, Inc. is a semiconductor equipment manufacturer specializing in ion implantation and other specialized semiconductor processing equipment.* On September 30, 2025, Axcelis Technologies, Inc. entered into an Agreement and Plan of Merger with Veeco Instruments Inc., whereby Axcelis's wholly owned subsidiary Victory Merger Sub, Inc. will merge with and into Veeco, with Veeco surviving as a wholly owned subsidiary of Axcelis. The merger is subject to customary closing conditions, including approval by Axcelis stockholders of the issuance of Axcelis common stock and adoption by Veeco stockholders. Both companies have scheduled stockholder meetings for February 6, 2026. Institutional Shareholder Services Inc. and Glass, Lewis & Co. have recommended that both Veeco and Axcelis stockholders vote FOR the merger. Axcelis and Veeco expect the merger to be completed in the second half of 2026, pending final regulatory approval from China's State Administration for Market Regulation. https://www.sec.gov/Archives/edgar/data/1113232/0001104659-26-008918.txt - 2026-02-06 · 425 (0001104659-26-011578): 425 - AXCELIS TECHNOLOGIES INC — *Axcelis Technologies designs, manufactures and provides life cycle support for ion implantation systems, a critical enabling step in semiconductor IC manufacturing, serving the semiconductor industry for over 45 years.* On September 30, 2025, Axcelis Technologies, Inc. entered into an Agreement and Plan of Merger with Veeco Instruments Inc., whereby Axcelis's wholly owned subsidiary Victory Merger Sub, Inc. will merge with and into Veeco, with Veeco surviving as a wholly owned subsidiary of Axcelis. On February 6, 2026, Axcelis held a special meeting of stockholders at which the Share Issuance Proposal was approved by 24,128,309 votes (95.84%) in favor, with 1,048,205 votes (4.16%) against and 51,598 abstentions. The completion of the Merger remains subject to final pending regulatory approval from the State Administration for Market Regulation of the People's Republic of China, and Axcelis and Veeco continue to expect the Merger will be completed in the second half of 2026. https://www.sec.gov/Archives/edgar/data/1113232/0001104659-26-011578.txt - 2026-02-12 · 425 (0001104659-26-014427): 425 - AXCELIS TECHNOLOGIES INC — *Axcelis Technologies develops and manufactures semiconductor capital equipment, including ion implantation systems used in semiconductor manufacturing.* Axcelis Technologies and Veeco Instruments received shareholder approval for their proposed merger at respective shareholder meetings held on February 6, 2026. The merger establishes a new leader in semiconductor capital equipment with complementary technologies, a diversified portfolio, and expanded market opportunity. Integration teams have been established across functional and operational areas, and regulatory approvals have been received from the U.S. HSR Filing and Foreign Direct Investment authorities in Ireland, Germany, and the UK. The only pending regulatory approval is from China's State Administration for Market Regulation. https://www.sec.gov/Archives/edgar/data/1113232/0001104659-26-014427.txt - 2026-08-06 · 8-K (0001104659-26-091697): 8-K - AXCELIS TECHNOLOGIES INC — *Axcelis Technologies designs, manufactures, and provides life-cycle support for ion implantation systems, a critical enabling step in semiconductor IC manufacturing.* Axcelis Technologies is pursuing a pending merger with Veeco Instruments, which was announced on October 1, 2025. The company expects to satisfy the remaining conditions and close the transaction in the second half of 2026. The filing reflects transaction and integration costs of $4.8 million in Q2 2026 and $15.2 million for the six months ended June 30, 2026, related to the merger agreement. https://www.sec.gov/Archives/edgar/data/1113232/0001104659-26-091697.txt ## Citations - 0001104659-26-007484 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926007484 - 0001104659-26-008918 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926008918 - 0001104659-26-011578 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926011578 - 0001104659-26-014427 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926014427 - 0001104659-26-091697 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926091697