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New Deal


Announced

Completed

MKS Instruments completed the acquisition of Photon Control for $387m.

Financials

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Transaction Value£274m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium26%
One Off Charge-

Tags

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Majority

Single Bidder

Acquisition

fiber optics

Public

Canada

Cross Border

Friendly

Semiconductors

Completed

Synopsis

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MKS Instruments, a manufacturer and supplier of instruments and components used to control and analyze gases in semiconductor, completed the acquisition of Photon Control, a provider of fiber optic measurement solutions, for $387m. “We anticipate the acquisition will further advance the MKS strategy to enhance our Surround the Chamber offering by adding optical sensors for temperature control for critical etch and deposition applications in semiconductor wafer fabrication," John T.C. Lee, MKS President and CEO.

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