M&A Deal Summary

MKS Instruments Acquires Photon Control

On May 10, 2021, MKS Instruments acquired semiconductors company Photon Control for 387M CAD

Acquisition Highlights
  • This is MKS Instruments’ 3rd transaction in the Semiconductors sector.
  • This is MKS Instruments’ 3rd largest (disclosed) transaction.
  • This is MKS Instruments’ 1st transaction in Canada.
  • This is MKS Instruments’ 1st transaction in British Columbia.

M&A Deal Summary

Date 2021-05-10
Target Photon Control
Sector Semiconductors
Buyer(s) MKS Instruments
Deal Type Add-on Acquisition
Deal Value 387M CAD

Target

Photon Control

Richmond, British Columbia, Canada
Photon Control engages in optical sensor design and manufacturing for the world’s largest semiconductor equipment manufacturers. Our custom fiber optic temperature and position sensors demonstrate world-class accuracy and long-term stability in harsh environments, making them ideal for monitoring and controlling semiconductor manufacturing processes. Photon Control was founded in 1988 and is based in Richmond, British Columbia.

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Buyer(S) 1

Buyer

MKS Instruments

Andover, Massachusetts, United States

Category Company
Founded 1961
Sector Test/Measurement Equipment
Employees10,200
Revenue 3.6B USD (2024)
DESCRIPTION

MKS Instruments is a provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze critical parameters of advanced manufacturing processes to improve process performance and productivity. MKS Instruments was founded in 1961 and is based in Andover, Massachusetts.


DEAL STATS #
Overall 9 of 10
Sector: Semiconductors M&A 3 of 3
Type: Add-on Acquisition M&A Deals 8 of 9
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 2
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-30 Electro Scientific Industries

Portland, Oregon, United States

Electro Scientific Industries, Inc. is a provider of laser-based manufacturing solutions for the microtechnology industry worldwide. Its laser systems enable precise structuring of micron to submicron features in components and devices, which are used in various end products in the consumer electronics, computer, communications, and other markets. Electro Scientific Industries was founded in 1944 and is based in Portland, Oregon.

Buy $1.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-01 Atotech

Utrecht, Netherlands

Atotech is a specialty chemicals technology company provides advanced electroplating solutions. Atotech delivers chemistry, equipment, software, and services for innovative technology applications through an integrated systems-and-solutions approach. Atotech was founded in 1993 and is based in Utrecht, Netherlands.

Buy $6.5B