November 13, 2024
Loading...
You are here:  Home  >  Latest news  >  Current Article

Sale of Veeco’s Goleta unit closes

IN THIS ARTICLE

The sale of Veeco Instruments’ metrology business, which includes its facility in Goleta, closed on Oct. 8, the company announced.

Massachusetts-based Bruker Corp. now owns the metrology unit, which includes offices in Goleta and Tuscon, Ariz., and will combine it with its Bruker Nano division. The company paid $229.4 million in cash in the deal, which was announced in August.

The Goleta facility was once Digitial Instruments, a company founded by UC Santa Barbara Professor Virgil Elings. Veeco bought Digital Instruments in 1998.

Bruker has not disclosed its plans for the Goleta facility.

Are you a subscriber? If not, sign up today for a four-week FREE trial or subscribe and receive the Book of Lists free with your purchase.