Veeco Buys ThermoMicroscopes.
ThermoMicroscopes was created by ThermoSpectra acquisitions of Park Scientific (see IBO 1/31/07) and Topometrix (see IBO 10/15/ 98). Together, these acquisitiond cost Thermo $25 million and represented acquired annual revenues of over $25 million. The 2000 revenues of $14 million indicate just how troubled this business has been. This deal also raises possible anti-trust issues as Veeco now controls the lion's share of the SPM market. In addition, this deal signals what may be a new period of divestments for ThermoElectron.
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|Title Annotation:||Veeco Instruments|
|Publication:||Instrument Business Outlook|
|Article Type:||Brief Article|
|Date:||Jul 31, 2001|
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