PLAINVIEW, New York, July 7, 2014 – Veeco Instruments Inc. (Nasdaq: VECO) has formed a strategic partnership with Rudolph Technologies, Inc. (NYSE: RTEC), a worldwide leader in data analysis software for the semiconductor industry. This collaboration allows users of Veeco’s etch and deposition equipment access to Rudolph’s fault detection and predictive maintenance software to increase system productivity and improve manufacturing efficiency.
As part of the partnership, Rudolph Technologies and Veeco will also develop technology-specific software solutions that work in unison with Veeco’s existing software to enhance tool performance for Veeco’s new etch and deposition equipment, as well as upgrades for Veeco’s large global installed base. Rudolph’s software framework applies to many tool types and processes. When combined with Veeco’s advanced tools and system knowledge, the software optimizes real-time and historical data freeing Veeco system users from manual monitoring of equipment and processes.
“Aggregating data is essential to improving yields, maintaining system up-time and lowering production costs,” said Guy Shechter, Vice President, Veeco Certified Equipment and Services Marketing. “Rudolph’s software platform supports Veeco’s goal of delivering innovative high performing etch and deposition systems to our customers. With the use of Rudolph’s software platform and Veeco’s in-depth equipment and process knowledge, we expect to optimize equipment production, prevent process failures and anticipate maintenance work more efficiently.”
The scalable software system architecture is flexible enough to use in a variety of high tech manufacturing environments allowing OEMs to optimize equipment productivity for their target markets and applications. Rudolph currently has thousands of software monitoring tools in hundreds of different process areas worldwide, enabling their customers to run more efficiently and achieve higher yields.
“Partnering with a capital equipment leader like Veeco demonstrates the importance of yield analysis and data-mining in maximizing production results, not just for fabs but also for top OEMs in our industry,” said Michael Plisinski, Vice President & General Manager, Data Analysis and Review Business Unit, Rudolph Technologies. “By combining Veeco’s process know-how and equipment knowledge with our tailored software solutions, the partnership will help Veeco improve their customer’s bottom line results through more efficient manufacturing.”
About Veeco
Veeco’s process equipment solutions enable the manufacture of LEDs, flexible OLEDs, power electronics, hard drives, MEMS and wireless chips. Veeco is the market leader in MOCVD, MBE, Ion Beam and other advanced thin film process technologies. Its high performance systems drive innovation in energy efficiency, consumer electronics and network storage and allow our customers to maximize productivity and achieve lower cost of ownership. For information on Veeco, its products and worldwide service and support, please visit www.veeco.com.
About Rudolph
Rudolph Technologies, Inc. is a worldwide leader in the design, development, manufacture and support of defect inspection, advanced packaging lithography, process control metrology, and data analysis systems and software used by microelectronic device manufacturers worldwide. Rudolph provides a full-fab solution through its families of proprietary products that provide critical yield-enhancing information, enabling microelectronic device manufacturers to drive down the costs and time to market of their products. The company’s expanding portfolio of equipment and software solutions is used in both the wafer processing and final manufacturing of ICs, and in adjacent markets such as flat panel display, LED and solar. For more information, visit www.rudolphtech.com.
To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management's Discussion and Analysis sections of Veeco's Annual Report on Form 10-K for the year ended December 31, 2013 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.
Veeco Contacts:
Investors:
Debra Wasser
516-677-0200 x1472
[email protected]
News Media:
Jeffrey Pina
516-677-0200 x1222
[email protected]
Rudolph Contacts:
Investors:
Steven R. Roth
973.448.4302
[email protected]
Guerrant Associates:
Laura Guerrant-Oiye
808.882.1467
[email protected]
Trade Media:
Amy Pauling
952.259.1794
[email protected]