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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.com
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

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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 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

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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. 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.
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