November 4, 2009 (FinancialWire) — Veeco Instruments Inc. (NASDAQ: VECO) it has closed its recent public offering of common stock. Veeco sold 5.75 million shares of common stock, including 750,000 shares representing full exercise of the underwriters’ overallotment option, for $23.75 per share. Citi (NYSE: C) and J.P. Morgan (NYSE: JPM) served as joint book-running managers.

The exercise of the overallotment option brings the total net proceeds to Veeco to $130.1 million. Veeco plans to use the proceeds from the offering for general corporate purposes, including potential acquisitions.

Plainview, New York-based Veeco Instruments manufactures serves customers in the HB-LED, solar, data storage, semiconductor, scientific research and industrial markets.

The company has technology positions in LED and solar process equipment, data storage process equipment, and metrology instruments.

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