FEI Company

FEI Company
Public (NASDAQ: FEIC)
Industry Scientific and Technical Instruments
Founded 1971 (1971)
Founder Dr. Lynwood Swanson
Headquarters Hillsboro, Oregon, United States
Area served
 global
Key people
 Dr. Don R. Kania, President and CEO, Anthony Trunzo, Executive Vice President and CFO
Bradley J. Thies, Vice President, General Counsel
Products Focused ion beam
Scanning Electron Microscope
Transmission Electron Microscope
DualBeam,Light Microscope,Software
Revenue Increase $956.3M (2014)
Increase $129.4M (2014)
Increase $105.1M (2014)
Number of employees
 2800+ (2015)
Website www.fei.com

FEI Company (FEI) is an American publicly traded company that designs, manufactures, and supports microscope technology. Headquartered in Hillsboro, Oregon, FEI has over 2,800 employees and sales and service operations in more than 50 countries around the world.

History

Corporate headquarters

The FEI company was founded in 1971 as Field Electron and Ion Co. by Dr. Lynwood W. Swanson, Mr. Noel A. Martin and Mr. Lloyd Swenson, as a supplier of electron and ion beam sources for field emission research and electron microscopy.[1] The name was shortened to FEI Company in 1973. In 1978, Dr. J.H. Orloff, who was doing research on electrostatic optics for field emission ion and electron sources, joined the company as its fourth partner. Swanson was a professor of applied physics at the Oregon Graduate Center, and Orloff's doctoral adviser.[2] FEI's introduction of the liquid metal ion source in 1981 led to its application in the semiconductor industry for mask repair and defect analysis.[3] The current company was formed by the 1997 merger between FEI and Philips Electron Optics,[4] and the 1999 acquisition of ion beam company Micrion. As such, the company can trace its roots in electron microscopy to the early commercial instruments produced by Philips Electron Optics in the 1940s.

On December 20, 2006, Philips Business Electronics International B.V. sold its shares of common stock in FEI Company reducing its shareholding in FEI to zero. In May 2011, the company announced a second straight quarter of record revenue and profits, with the company totaling nearly $200 million in revenue for their second quarter.[5] The company attributed the growth to a diversification of its clientele.[6]

On May 27, 2016, Thermo Fisher Scientific Inc. announced its acquisition of FEI Company for 4.2 billion USD, which will commence in early 2017.[7] At the time of the transaction, FEI had more than 2700 employees in over 20 countries.[8]

Operations

The products manufactured by the company include focused ion beam workstations, scanning electron microscopes, transmission electron microscopes, and focusing columns.

The company has research and development centers in Hillsboro, Oregon; Eindhoven, The Netherlands; Munich, Germany; Shanghai, China PRC;Tokyo, Japan; Brno, Czech Republic; Canberra, Australia; Trondheim, Norway; and Bordeaux, France. It has sales and service operations in more than 50 countries.

See also

References

  1. ↑ FEI Company - Company Profile, Information, Business Description, History, Background Information on FEI Company, Advameg, Inc., 2015 .
  2. ↑ J.H. Orloff, L.W. Swanson & M.W. Utlaut, High Resolution Focused Ion Beams: FIB and its Applications: The Physics of Liquid Metal Ion Sources and Ion Optics and Their Application to Focused Ion Beam Technology, 2003 Edition, Springer, 2003, ISBN 978-0306473500, p 303.
  3. ↑ FEI History
  4. ↑ "Dutch Company to Buy 55 Percent Stake in FEI", The New York Times, September 6, 1996
  5. ↑ "FEI reports record earnings, revenue". Portland Business Journal. May 3, 2011. Retrieved 6 May 2011.
  6. ↑ Siemers, Erik (May 20, 2011). "Hillsboro's FEI busts boundaries". Portland Business Journal. Retrieved 24 July 2011.
  7. ↑ "Thermo Fisher Scientific acquires FEI Company for $4.2 billion," ASM International, 19 Jun 2016.
  8. ↑ "About FEI". FEI Company.

External links

Coordinates: 45°32′34″N 122°55′47″W / 45.542697°N 122.92963°W / 45.542697; -122.92963

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