MKS Instruments Inc, a global provider of technologies that enable advanced processes and improve productivity, today announced the completion of the previously announced acquisition of Atotech Limited for approximately $4.4 billion in cash and MKS common stock.
Atotech is among the global leaders in process chemicals, equipment, software and services for printed circuit boards, semiconductor IC packaging and surface finishing.
“The acquisition of Atotech positions MKS to accelerate roadmaps for future generations of advanced electronics devices,” said John T.C. Lee, President and CEO of MKS. “By combining leading capabilities in lasers, optics, motion and now process chemistry, MKS is set to be a leader in the next frontier for miniaturization and complexity: Optimising the InterconnectSM, a significant enabling point of next-generation advanced electronics. Atotech’s leadership in functional and decorative surface finishing will also extend MKS’ product offering for industrial applications and grow our market reach. I could not be more excited to welcome the Atotech team to the MKS family.”
The combination of MKS and Atotech creates a company with pro forma revenue of $4.5 billion for the twelve months ended June 30, 2022.
MKS Instruments delivers foundational technology solutions to leading edge semiconductor manufacturing, advanced electronics and specialty industrial applications. The business creates instruments, subsystems, systems, process control solutions and specialty chemicals technology that improve process performance, optimize productivity and enable unique innovations for many of the world’s leading technology and industrial companies.