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VECO > SEC Filings for VECO > Form 8-K on 20-May-2009All Recent SEC Filings

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Form 8-K for VEECO INSTRUMENTS INC


20-May-2009

Other Events


Item 8.01 Other Events

In 2006, Veeco Instruments Inc. ("Veeco") purchased 19.9% of the common stock of Fluens Corporation ("Fluens"). Since then, Veeco and Fluens jointly developed a next-generation process for high-rate deposition of aluminum oxide for data storage applications. On May 14, 2009, Veeco purchased the remaining 80.1% of the outstanding stock of Fluens for $1.5 million (payable $0.5 million per quarter in each of the second, third and fourth quarters of 2009) plus an earnout. As a result, Fluens became wholly-owned by Veeco.

The information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities under that Section, nor shall this information be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.


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