financetom
Business
financetom
/
Business
/
Veeco Partners with IBM, Supplies WaferStorm Wet-Processing System to Albany NanoTech Complex
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Veeco Partners with IBM, Supplies WaferStorm Wet-Processing System to Albany NanoTech Complex
Aug 14, 2024 7:28 AM

10:00 AM EDT, 08/14/2024 (MT Newswires) -- Veeco Instrument (VECO) said Wednesday that IBM ( IBM ) has selected its WaferStorm wet-processing system and has entered into a joint development agreement with Veeco to explore advanced packaging applications using multiple wet processing technologies.

Veeco said the agreement requires the WaferStorm system to be installed at the Albany NanoTech Complex in upstate New York, where IBM ( IBM ) and other industry partners are developing advanced packaging and chiplet technologies.

The WaferStorm system enables a variety of hybrid bonding and cleaning processes for both 40- and 60- nanometer chips and also allows multiple processes to be performed on a single platform with minimal hardware modifications.

Financial terms of the new partnership were not disclosed.

Price: 36.53, Change: -0.23, Percent Change: -0.63

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Chile's Codelco posts 2023 profit dip as production falls
Chile's Codelco posts 2023 profit dip as production falls
Mar 29, 2024
SANTIAGO (Reuters) -Chilean copper giant Codelco reported gross profit of $3.12 billion for 2023, the state-owned producer said in a filing on Thursday, a 34% dip from a year earlier after the state firm faced operational and production challenges. Codelco, the world's top copper miner, posted production of 1.325 million metric tons for the year - its lowest level in...
US finalizes tougher new tailpipe emissions limits for heavy duty vehicles
US finalizes tougher new tailpipe emissions limits for heavy duty vehicles
Mar 29, 2024
WASHINGTON (Reuters) - The U.S. Environmental Protection Agency on Friday said it was finalizing stringent new tailpipe emissions standards for heavy duty vehicles like semi-trucks and buses. The EPA said the new rules setting standards for the 2027 through 2032 model years will avoid 1 billion tons of greenhouse gas emissions and provide $13 billion in annualized net benefits to...
BRIEF-Opti-Harvest Inc Files To Withdraw IPO Plans
BRIEF-Opti-Harvest Inc Files To Withdraw IPO Plans
Mar 29, 2024
March 29 (Reuters) - Opti-Harvest Inc: * OPTI-HARVEST INC FILES TO WITHDRAW IPO PLANS - SEC FILING * OPTI-HARVEST INC - HAD FILED FOR IPO OF UP 1.9 MILLION UNITS IN JUNE 2023 Source text for Eikon: Further company coverage: ...
BRIEF-Vision Sensing Acquisition Corp Announces Intention To Extend Period To Consummate Initial Business Combination To May 3, 2024
BRIEF-Vision Sensing Acquisition Corp Announces Intention To Extend Period To Consummate Initial Business Combination To May 3, 2024
Mar 29, 2024
March 29 (Reuters) - Vision Sensing Acquisition Corp ( VSAC ): * VISION SENSING ACQUISITION CORP. ( VSAC ) ANNOUNCES INTENTION TO EXTEND PERIOD TO CONSUMMATE INITIAL BUSINESS COMBINATION TO MAY 3, 2024 Source text for Eikon: Further company coverage: ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved