MKS Instruments, Inc. is an American

process control An industrial process control in continuous production processes is a discipline that uses industrial control systems to achieve a production level of consistency, economy and safety which could not be achieved purely by human manual control. ...

instrumentation company. It is headquartered in

Andover, Massachusetts Andover is a town in Essex County, Massachusetts, United States. It was settled in 1642 and incorporated in 1646."Andover" in '' The New Encyclopædia Britannica''. Chicago: Encyclopædia Britannica Inc. An encyclopedia (American Engli ...

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. In 2001, the company acquired

Emerson Electric Emerson Electric Co. is an American multinational corporation headquartered in Ferguson, Missouri. The Fortune 500, ''Fortune'' 500 company manufactures products and provides engineering services for industrial, commercial, and consumer marke ...

's ENI Division which makes solid-state RF and DC plasma power supplies, networks and instruments. In April 2014, Brooks Automation entered into an agreement to sell its Granville-Phillips division to MKS Instruments. MKS Instruments more than doubled their addressable market by acquiring the Newport Corporation and its subsidiaries, including Ophir Optronics, for $980 million ($1.2 billion inflation-adjusted) in a 2016

leveraged buyout A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money ( leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loa ...

. It acquired Electro Scientific Industries in 2019 and Atotech in 2021. In 2021, MKS Instruments had about 5,400 employees and a market capitalization of about $11 billion. As of 2021, sixty percent of the company's sales are from

semiconductor A semiconductor is a material which has an electrical conductivity value falling between that of a conductor, such as copper, and an insulator, such as glass. Its resistivity falls as its temperature rises; metals behave in the opposite way. ...

products.

Indexed with

* PHLX Semiconductor Sector * S&P 400 *

Russell 1000 Index The Russell 1000 Index is a stock market index that tracks the highest-ranking 1,000 stocks in the Russell 3000 Index, which represent about 93% of the total market capitalization of that index. , the stocks of the Russell 1000 Index had a weigh ...

References

External links

* {{Finance links , name = MKS Instruments , symbol = MKSI , yahoo = MKSI , google = MKSI , sec_cik = 1049502 American companies established in 1961 Companies based in Massachusetts Companies listed on the Nasdaq