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About MKS Instruments
Industries
Hardware
Industrial & Manufacturing
Consumer Goods
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Andover, Minnesota
Founded
1961
Overview
MKS Instruments provides technology solutions that support semiconductor manufacturing, electronics, packaging, and various industrial applications. Their products include instruments, subsystems, systems, process control solutions, and specialty chemicals. These products work by enhancing process performance and productivity, which is essential for the miniaturization and complexity of advanced device manufacturing. MKS Instruments stands out from competitors by focusing on a wide range of applications and leveraging their extensive science and engineering expertise to meet the specific needs of leading technology and industrial companies. The company's goal is to enable innovations and improve performance in manufacturing processes across multiple industries.
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Simplify's Take
What believers are saying
- Increased demand for semiconductor equipment boosts MKS Instruments' growth.
- Quantum computing rise creates opportunities for MKS' advanced laser technologies.
- Growing MEMS technology adoption enhances market for MKS' mass flow controllers.
What critics are saying
- Ransomware attack may cause financial and reputational damage to MKS Instruments.
- Photon Control acquisition could face integration challenges and cultural clashes.
- Refinancing increases financial leverage, posing risks if market conditions worsen.
What makes MKS Instruments unique
- MKS Instruments offers advanced Spectra-Physics lasers for quantum applications.
- The company provides innovative mass flow controllers with ultra-fast control times.
- MKS Instruments' Ophir lenses are designed for high-performance MWIR cameras.
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Benefits
Paid Vacation
Paid Holidays
Paid Sick Leave
Company News
ANDOVER, Mass., Jan. 24, 2025 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our...
Loading. Loading...ANDOVER, Mass., Jan. 22, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. MKSI ("MKS"), a global provider of enabling technologies that transform our world, announced today that it successfully completed the refinancing of its existing $744 million secured tranche A term loans using a portion of the proceeds of its $490 million incremental secured U.S. dollar tranche B term loans and €250 million incremental secured Euro tranche B term loans (collectively, the "Term Loan B"). As a result of the refinancing, the maturity of the refinanced loans has been extended to 2029, consistent with MKS' existing secured tranche B term loans, and is expected to result in savings by reducing MKS' weighted average cost of debt on the amount of debt refinanced by approximately 30 to 35 basis points based on current interest rates."This move adds flexibility, simplifies our capital structure, and is consistent with our longstanding track record of proactively managing our balance sheet," said Seth H
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It is possible that MKS Instruments, an industrial equipment supplier, was the breach point of the supply chain attack as that company announced that it had been hit with ransomware on February 3 and would have to reschedule its fourth quarter earnings call.
MKS Instruments introduced the next-generation C-series mass flow controllers in October 2019, which combine MEMS technology with a fast-acting control valve and MKS proprietary algorithms to provide an ultra-fast control time of fewer than 100 milliseconds.
MKS Instruments is Hiring for 4 Jobs on Simplify!
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About MKS Instruments
Industries
Hardware
Industrial & Manufacturing
Consumer Goods
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Andover, Minnesota
Founded
1961
MKS Instruments is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today