These technologies are used to enable artificial intelligence, virtual and augmented reality, high performance computing, autonomous vehicles, 5G wireless communication networks and cloud storage.

[4] In 2001, Veeco purchased Applied EPI, its present-day Molecular Beam Epitaxy group that currently maintains a leadership position in MBE technology worldwide.

[5] In 2003, Veeco purchased Emcore, paving the way for its unique metal organic chemical vapor deposition technologies in the advanced LED, Vertical-cavity surface-emitting laser (VCSEL) and photonics markets.

Peeler was formerly president of JDSU's Communications Test and Measurement Division[7] In 2008, Veeco settled a patent litigation it had brought against Asylum Research Corporation in 2003.

[10] On May 26, 2017, Veeco acquired front-end semiconductor process control equipment manufacturer Ultratech to expand into the advanced packaging market.

[11] This added to the portfolio advanced packaging lithography, laser spike annealing and 3D wafer inspection technology used in high volume manufacturing of logic and memory devices.

[13] Miller previously served as president and has led several growth initiatives within Veeco's business units and operations teams worldwide.

[16] In February 2023, it was announced Veeco had acquired the Lund-headquartered manufacturer of CVD epitaxy systems - which enables advanced SiC applications in the electric vehicle market, Epiluvac AB.

For the fiscal year 2021, Veeco reported annual revenue of $583 million, 28% growth over 2020, driven by semiconductor and data storage performance.