Location of MKS Instruments' ESI subsidiary, in Beaverton, Oregon

MKS Instruments, Inc. is an American process control instrumentation company.[1] It is headquartered in Andover, Massachusetts.[2]

History

MKS Instruments was founded in 1961 as a provider of products and technologies used to measure, control, power, and monitor critical process parameters of advanced manufacturing processes.[3]

In 2001, the company acquired Emerson Electric's ENI Division which makes solid-state RF and DC plasma power supplies, networks and instruments.[4][5]

In April 2014, Brooks Automation entered into an agreement to sell its Granville-Phillips division to MKS Instruments.[6] MKS Instruments more than doubled their addressable market by acquiring the Newport Corporation and its subsidiaries, including Ophir Optronics, for $980 million in a 2016 leveraged buyout.[7] It acquired Electro Scientific Industries in 2019,[8] and Atotech in 2021.[9]

In 2021, MKS Instruments had about 5,400 employees and a market capitalization of about $11 billion.[10] As of 2021, sixty percent of the company's sales are from semiconductor products.[11] On February 3, 2023, MKS Instruments fell victim to a ransomware attack that among others shut down their websites for more than ten days.[12]

Indexed with

References

  1. ^ Business, United States Congress House Committee on Small (2008). Examining Expiring Tax Incentives and the Needs of Small Business: Committee on Small Business, United States House of Representatives, One Hundred Tenth Congress, Second Session, Hearing Held September 11, 2008. U.S. Government Printing Office. p. 10. ISBN 978-0-16-081864-6. {{cite book}}: |last= has generic name (help)
  2. ^ "MKSI | MKS Instruments Inc. Company Profile & Executives - WSJ". www.wsj.com.
  3. ^ Heat Treating Progress: The Official Voice of the ASM Heat Treating Society. ASM International. 2002.
  4. ^ "MKS Instrument buys Emerson's ENI unit for $288 million in stock". EE Times. Jan 2, 2002.
  5. ^ "COMPANY NEWS; MKS TO BUY EMERSON ELECTRIC FOR ABOUT $251 MILLION". The New York Times. Bloomberg News. 2001-11-01. ISSN 0362-4331. Retrieved 2021-04-16.
  6. ^ http://investor.brooks.com/phoenix.zhtml?c=197950&p=irol-newsArticle&ID=1909619
  7. ^ "MKS Instruments buys Newport in $980M debt-financed deal". optics.org. Retrieved 2020-12-20.
  8. ^ Thoss, Andreas (March 24, 2020). "Keynote Discussion: A conversation with John Lee, CEO, MKS Instruments". www.laserfocusworld.com.
  9. ^ "Atotech Acquisition". www.atotech.com/. July 2021.
  10. ^ "MKS Instruments, Inc. (MKSI) Company Profile & Facts - Yahoo Finance". finance.yahoo.com.
  11. ^ "MKS Stock Rebounds After Chip Gear Maker Exits Battle For Coherent". Investor's Business Daily. 2021-03-17. Retrieved 2021-04-16.
  12. ^ "MKS Instruments falls victim to ransomware attack". Retrieved 2023-02-13.

External links