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Axcelis Technologies Announces Merger with Veeco Instruments

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Axcelis Technologies Announces Merger with Veeco Instruments

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The latest announcement is out from Axcelis Technologies ( (ACLS) ).

On September 30, 2025, Axcelis Technologies and Veeco Instruments entered into a merger agreement, with Axcelis acquiring Veeco to form a leading semiconductor equipment company. The merger, expected to close in 2026, aims to diversify the technology portfolio, expand market opportunities, and achieve cost synergies, with Axcelis shareholders owning approximately 58% of the combined entity. The merger is anticipated to enhance R&D capabilities and be accretive to non-GAAP earnings per share within the first year post-closing, benefiting stakeholders with a stronger market position and growth potential.

The most recent analyst rating on (ACLS) stock is a Buy with a $92.00 price target. To see the full list of analyst forecasts on Axcelis Technologies stock, see the ACLS Stock Forecast page.

Spark’s Take on ACLS Stock

According to Spark, TipRanks’ AI Analyst, ACLS is a Outperform.

Axcelis Technologies’ strong financial performance and technical momentum are the primary drivers of its high score. The company’s robust balance sheet and strategic market leadership in high-energy ion implantation further bolster its position. However, valuation concerns and market softness in certain segments slightly temper the overall outlook.

To see Spark’s full report on ACLS stock, click here.

More about Axcelis Technologies

Axcelis Technologies, headquartered in Beverly, Massachusetts, specializes in providing high-productivity solutions for the semiconductor industry, focusing on ion implantation systems. Veeco Instruments is a manufacturer of semiconductor process equipment, including laser annealing and ion beam technologies, playing a key role in semiconductor device fabrication.

Average Trading Volume: 495,889

Technical Sentiment Signal: Strong Buy

Current Market Cap: $3.04B

For a thorough assessment of ACLS stock, go to TipRanks’ Stock Analysis page.

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