Veeco Instruments, Axcelis to merge in $4.4B deal (VECO:NASDAQ)

Group 1 - Veeco Instruments and Axcelis Technologies announced a merger in an all-stock deal valued at $4.4 billion to form a high-end semiconductor equipment company [2] - Following the announcement, trading of shares for both companies was halted [2] - The merger aims to enhance the capabilities and market position of the combined entity in the semiconductor equipment sector [2]