FEI Co was founded in 1971. The Company is a supplier of scientific instruments for nanoscale applications and solutions for industry and science. Its products include transmission electron microscopes, or TEMs; scanning electron microscopes, or SEMs; DualBeamTM systems which combine a SEM and a focused ion beam system, or FIB, on a single platform; stand-alone FIBs; and high-performance optical microscopes. TEMs provide the resolution images of samples and their internal structure, down to the atomic level. SEMs provide detailed images of the surface and shape of samples. Optical microscopes provide a field of view than SEMs and TEMs. DualBeams and FIBs image, manipulate, mill and deposit material for a variety of purposes, including preparation of samples for TEMs. The Company's current segments include: the Electronics market segment, the Materials Science market segment, the Life Sciences market segment and the Service and Components market segment. The Electronics market segment consists of customers in semiconductor integrated circuit manufacturing and related industries such as manufacturers of data storage equipment and other technologies. For the semiconductor market, its growth is driven by shrinking line widths and process nodes of 45 nanometers and smaller, increasing complexity in their materials such as high-k metal gates and low-k dielectrics and increasing device complexity such as 3D transistor architectures. Its products are used mainly in laboratories or near the fabrication line to speed new product development and increase yields by enabling 3D wafer metrology, defect analysis, root cause failure analysis and circuit edit for modifying device functionality. The Materials Science market segment includes universities, public and private research laboratories and customers in a range of industries, including natural resources (mining and oil and gas), petrochemicals, metals, automobiles, aerospace, and forensics. Growth in these markets is driven by global corporate and government funding for research and development in materials science and by development of new products and processes based on innovations in materials at the nanoscale. Its solutions enable scientific discovery and advancement for researchers and help manufacturers develop, analyze and produce advanced products. Its products are used in mining for automated mineralogy and it has opportunities in oil and gas exploration and laboratory analysis. Its products are also used in root cause failure analysis and quality control applications across a range of industries. The Life Sciences market segment includes universities, government laboratories and research institutes engaged in biotech and life sciences applications, as well as pharmaceutical, biotech and medical device companies and hospitals. Cellular biologists use its tools to correlate wide-field, lower resolution optical images with higher resolution electron microscope imaging. Its products are also used by drug researchers and in particle analysis and a range of pathology and quality control applications. The Service and Components market segment provides support for products and customers for the entire life cycle of a tool from installation through the warranty period, and after warranty period through contract coverage or on a time and materials basis. Its Services and Components market segment provides support across all markets and all regions. The Company has manufacturing operations located in Hillsboro, Oregon; Eindhoven, The Netherlands; Brno, Czech Republic; Delmont, Pennsylvania; and Munich, Germany. Sales, marketing and service operations are conducted in the U.S. and approximately 50 other countries around the world. The Company's main competitors include, among others: JEOL Ltd., Carl Zeiss SMT A.G., Hitachi High Technologies Corporation and Tescan, a.s.