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. I ...

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., 15th ed., 1992, Vol. 1, p. 387. As of th ...

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 company manufactures products and provides engineering services for industrial, commercial, and consumer markets.

's ENI Division which makes solid-state RF and DC plasma power supplies, networks and instruments. In April 2014,

Brooks Automation Azenta (formerly Brooks Automation) was founded in 1978 and is based in Chelmsford, Massachusetts. The company is a provider of automation, vacuum and instrumentation equipment for multiple markets, including semiconductor manufacturing, technol ...

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 Ophir Optronics Solutions is a multinational company that sells optronics solutions. The company develops, manufactures and markets infrared (IR) optics and laser measurement equipment. Founded in 1976, the company was traded on the Tel Aviv St ...

, 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 loan ...

. It acquired

Electro Scientific Industries Electro Scientific Industries, Inc. (ESI) is an American high technology company headquartered in the Portland, Oregon, metropolitan area, specifically in Beaverton, Oregon, since 2021, but from 1963–2021 it was based in the unincorporated ...

in 2019 and

Atotech Atotech is an international Adhesives, speciality chemicals and equipment company. It provides chemistry and equipment for companies that manufacture printed circuit boards, IC-substrates and semiconductors; and also provides specialty chemicals an ...

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 resistivity and conductivity, electrical conductivity value falling between that of a electrical conductor, conductor, such as copper, and an insulator (electricity), insulator, such as glas ...

products.

Indexed with

* PHLX Semiconductor Sector *

S&P 400 The S&P MidCap 400 Index, more commonly known as the S&P 400, is a stock market index from S&P Dow Jones Indices. The index serves as a gauge for the U.S. mid-cap equities sector and is the most widely followed mid-cap index. To be included in ...

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 weighted ...

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