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MKS Instruments

From Wikipedia, the free encyclopedia
MKS Instruments, Inc.
Company typePublic
ISINUS55306N1046
IndustrySemiconductors
Founded1961;63 years ago(1961)
Headquarters
Area served
Worldwide
Number of employees
5,400 (2020)
Websitewww.mks
Location of MKS Instruments'ESIsubsidiary, in Beaverton, Oregon

MKS Instruments, Inc.is an Americanprocess controlinstrumentation company.[1]It is headquartered inAndover, Massachusetts.[2]

History

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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 acquiredEmerson Electric's ENI Division which makes solid-state RF and DC plasma power supplies, networks and instruments.[4][5]

In April 2014,Brooks Automationentered into an agreement to sell its Granville-Phillips division to MKS Instruments.[6]MKS Instruments more than doubled their addressable market by acquiring theNewport Corporationand its subsidiaries, includingOphir Optronics,for $980 million in a 2016leveraged buyout.[7]It acquiredElectro Scientific Industriesin 2019,[8]andAtotechin 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 fromsemiconductorproducts.[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

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References

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  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.ISBN978-0-16-081864-6.{{cite book}}:|last=has generic name (help)
  2. ^"MKSI | MKS Instruments Inc. Company Profile & Executives - WSJ".wsj.
  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.ISSN0362-4331.Retrieved2021-04-16.
  6. ^http://investor.brooks /phoenix.zhtml?c=197950&p=irol-newsArticle&ID=1909619
  7. ^"MKS Instruments buys Newport in $980M debt-financed deal".optics.org.Retrieved2020-12-20.
  8. ^Thoss, Andreas (March 24, 2020)."Keynote Discussion: A conversation with John Lee, CEO, MKS Instruments".laserfocusworld.
  9. ^"Atotech Acquisition".atotech /.July 2021.
  10. ^"MKS Instruments, Inc. (MKSI) Company Profile & Facts - Yahoo Finance".finance.yahoo.
  11. ^"MKS Stock Rebounds After Chip Gear Maker Exits Battle For Coherent".Investor's Business Daily.2021-03-17.Retrieved2021-04-16.
  12. ^"MKS Instruments falls victim to ransomware attack".Retrieved2023-02-13.
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