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0.000793608803766876 0.00248664091846992 0.00328024972223679 0.00227501190413194 0.00449711655467962 0.0014284958467805 -0.00878260409502141 -0.00989365642029525
Stock impact report

Axcelis And Veeco: Interested In This Tie-Up [Seeking Alpha]

Axcelis Technologies, Inc. (ACLS) 
Last axcelis technologies, inc. earnings: 2/5 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
The combined company will leverage ACLS's ion implantation and VECO's wet processing, annealing, and MOCVD strengths, targeting $35 million in cost synergies. Pro forma revenues are projected at $1.7 billion with adjusted EBITDA of $387 million, and the deal values the group at just over 10x EBITDA. At a current price near $95, ACLS trades at 14-15x earnings with a strong net cash position, making the valuation compelling for long-term investors. Looking for a helping hand in the market? Members of Value In Corporate Events get exclusive ideas and guidance to navigate any climate. Learn More » Getty Images Shares of Axcelis Technologies, Inc. ( NASDAQ: ACLS ) have been in the spotlight this week as the company announced a merger with Veeco Instruments Inc. NASDAQ: VECO ) in order to gain scale and capabilities in a rapidly More on my IG service If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. Show less Read more
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