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MKS completes its acquisition of Photon Control
MKS Instruments has completed its previously announced acquisition of Photon Control Inc.
“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," says MKS President and CEO John T.C. Lee in a short update. “In addition, Photon Control is a strong strategic fit with similar culture and vision to MKS.” MKS acquired Photon Control for CAD 3.60 per share, in an all-cash transaction valued at approximately CAD 387 million (EUR 263.85 million).
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