MKS Instruments Embraces New Identity as MKS Inc.
The Exciting Transformation of MKS Instruments
MKS Instruments, Inc. (NASDAQ: MKSI), a global leader in transformative technologies, has made a significant announcement regarding its corporate identity. The shareholders have voted to change the company’s name to “MKS Inc.” This decision is not merely a change in title; it represents a new chapter in the company's evolution.
A Message from the Leadership
John T.C. Lee, the President and CEO of the newly renamed MKS Inc., shared insights on this pivotal moment. "Since our inception in 1961 as a dedicated industrial instruments company, we have undergone remarkable growth and diversification. From strategic investments in research and development to significant acquisitions like Newport in 2016 and ESI in 2019, each step has paved the way for our expansion into new markets. The adoption of the name MKS Inc. better portrays our extensive range of services that now includes high-performance industrial instruments, advanced subsystems, and innovative process control solutions. This reflects the company we are today and the vision we hold for the future," Lee explained passionately.
Continuity in Trading and Structure
For stakeholders and investors, rest assured that while the name has changed, MKS’ corporate structure remains intact. The company will continue to trade on the Nasdaq under its existing stock symbol “MKSI.” There will be no disruption to the operations or identity of its subsidiaries as they embrace this new designation.
About MKS Instruments and Its Innovations
MKS Instruments is at the forefront of providing foundational technology solutions that drive advancements in semiconductor manufacturing, electronics packaging, and specialized industrial applications. Our team utilizes a blend of scientific expertise and engineering prowess to introduce cutting-edge instruments, process control solutions, and specialty chemical technologies. These innovations are essential for overcoming the complexities linked to miniaturization and escalate performance requirements across diverse industrial applications.
Leading the Industry through Innovation
In an era where efficiency and capability are paramount, MKS Instruments is dedicated to ensuring its customers can rely on their technologies for increased power, speed, and enhanced features. As industries evolve, our commitment to addressing the challenges posed by modern manufacturing practices shines through.
Contact Information for Inquiries
For inquiries regarding the name change or our advanced technologies, please reach out to:
Bill Casey
Vice President, Marketing
Telephone: +1 (630) 995-6384
Email: press@mksinst.com
Kelly Kerry, Partner
Kekst CNC
Email: kerry.kelly@kekstcnc.com
Frequently Asked Questions
What prompted the name change to MKS Inc.?
The name change to MKS Inc. reflects the expansion of the company’s services and its evolution beyond just industrial instruments to a broader range of technological solutions.
Will MKS continue trading under the same stock symbol?
Yes, MKS will continue to trade on Nasdaq under the existing symbol “MKSI.”
How does this change impact MKS’ subsidiaries?
There will be no impact on the corporate structure of MKS or its subsidiaries due to the name change.
What markets does MKS serve with its technologies?
MKS serves various markets including semiconductor manufacturing, electronics packaging, and specialty industrial applications.
How can I learn more about MKS Instruments?
For additional details regarding MKS Instruments and its solutions, please contact the company directly or visit their website.
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