Core Viewpoint - MKS Instruments, Inc. has announced a name change to "MKS Inc." effective May 16, 2025, reflecting its expanded business scope beyond industrial instruments to include subsystems, systems, process control solutions, and specialty chemicals technology [1][2]. Company Overview - MKS Instruments, Inc. was founded in 1961 and has grown through organic development and strategic acquisitions, including Newport in 2016, ESI in 2019, and Atotech in 2022 [2]. - The company provides foundational technology solutions for semiconductor manufacturing, electronics, packaging, and specialty industrial applications [3]. - MKS's solutions address challenges in advanced device manufacturing, focusing on miniaturization, complexity, power, speed, feature enhancement, and optimized connectivity [3]. Name Change Implications - The name change to MKS Inc. aims to better represent the company's current and future business scope [2]. - The stock will continue to trade on Nasdaq under the symbol "MKSI," and the corporate structure and subsidiary names will remain unchanged [2].
MKS Instruments Announces Change of Corporate Name to MKS Inc.