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Veeco Reports Higher-Than-Expected Q2 Profits, Despite Falling Revenue From Sales of Blue LED MOCVD Systems to China
Aug 8, 2018For second-quarter 2018, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $157.8m, down slightly on $158.6m last quarter but up 40.6% on $112.2m a year ago. ...
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SCI Partners with Several Firms for Packaging Subsidiary Recapitalization
Jan 16, 2018Stone Canyon Industries (SCI) has announced recapitalization of its packaging subsidiary with a minority investment from Ontario Teachers', Canyon Capital, PSP Investments and Arcadia. Under the deal, SCI is issuing $850m series A ...
Tags: Stone Canyon Industries, packaging
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Veeco's Q3 Revenue Growth Driven by Continued Recovery in MOCVD Market
Nov 13, 2017For third-fiscal 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $131.9m, up 15% on $115.1m last quarter and up 54% on $85.5m a year ago, marking the first full ...
Tags: LED market, LED Lighting
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Alphabet Leads $1bn Investment in Uber Rival Lyft
Oct 23, 2017CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...
Tags: CapitalG, Rival Lyft
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Veeco's Q2 Revenue up 21% Year-on-Year Organically
Aug 9, 2017For second-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $115.1m, up 22% on $94.4m last quarter and up 53% on $75.3m a year ago. However, this includes ...
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Veeco's Q1 Revenue up 21% Year-on-Year to $94.4m, Driven by LED Demand
May 9, 2017For first-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $94.4m, rebounding further from $93.6m last quarter and up 21% on $78m a year ago. This is above ...
Tags: LED Demand, LED industry
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Lyft Raises $600m in Funding
Apr 13, 2017US ride-hailing firm Lyft has raised $600m in new round of financing at a $7.5bn valuation. The investors in the funding round include KKR, Baillie Gifford, Alliance Bernstein, Canada’s Public Sector Pension Investment Board (PSP) ...
Tags: Lyft, self-driving car
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Veeco Grows Gross Margin Despite Revenue Falling 9% in Q2 to $75.3m
Aug 8, 2016For second-quarter 2016, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $75.3m, down 8.6% on $78m last quarter and 42.7% on $131.4m a year ago, consistent with ...
Tags: Veeco, LED industry
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Veeco Wins Advanced Packaging System Orders From Asian Foundry
Dec 25, 2015Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has received multiple orders from a leading foundry in Asia for its Precision Surface Processing (PSP) WaferStorm system (a platform that provides ...
Tags: Veeco Wet processing, Veeco Instruments Inc, Electronics
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Veeco Wins Multiple Advanced Packaging System Orders in Asia
Dec 25, 2015Veeco Instruments has received multiple orders from a leading foundry in Asia for its Precision Surface Processing (PSP) WaferStorm system. The WaferStorm platform provides wafer processing solutions for advanced packaging applications. ...
Tags: Veeco Instruments, Fan-out Wafer Level Packaging, Packaging
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Veeco's Q4 MOVCD Revenue for Full-Year 2014 of $392.9m, up 18% on $331.7m in 2013
Feb 27, 2015Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue for full-year 2014 of $392.9m, up 18% on $331.7m in 2013. Fourth-quarter 2014 revenue was $113.6m, up 22% on $93.3m last ...
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Sierra Has Confirmed Velocity 2x Is Coming to Xbox One and Pc This Summer
Feb 26, 2015Sierra has confirmed Velocity 2X is coming to Xbox One and PC this summer. The publisher is teaming up with indie developer FuturLab to launch the game on PC and Xbox One. Currently available on PS4, PS Vita, PS3 and even the old ...
Tags: Velocity 2X, Sierra, Xbox One, PC
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PSP Investment Board GIC and Ontario Teachers' Pension Plan to Invest $700 Million in XPO
Sep 18, 2014GREENWICH, CT— Freight transportation services provider XPO Logistics is looking to expand its business and a good portion of the $700 million invested is coming from some Canadians’ pension plans. The Public Sector Pension ...
Tags: PSP, XPO, Accessories
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A Wireless Suit Can Deliver to The Wearer The Sense of Touching and Feeling
Sep 18, 2014A wireless suit made of smart textile clothing fully integrated into a virtual reality system can now deliver to the wearer the sense of touching and feeling in the virtual world. From the warm breeze of a summer’s day to the sudden ...
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British Market Research Firm Forecasts The Global Market Will Peak in The Next Decade
Sep 12, 2014According to Visiongain, a British market research firm, the global flexible packaging market has reached some US$143.83 billion, mostly driven by growing sales of consumer products in emerging nations. In the next decade, the firm ...
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