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MKS Instruments Announces Agreement to Acquire Photon Control Expands Technology Solutions for Key Customers in Semiconductor Market  Acquiring a Leader in Optical Sensors for Temperature Control used in Semiconductor Wafer Fabrication  Enhances the MKS Surround the Chamber ® Portfolio  ANDOVER, Mass., May 10, 2021 (GLOBE NEWSWIRE) MKS Instruments, Inc. (NASDAQ: MKSI) (“MKS”), a global provider of technologies that enable advanced processes and improve productivity, today announced that it has entered into a definitive agreement pursuant to which MKS will acquire Photon Control Inc. (TSX:PHO) for CAD$3.60 per share, in an all-cash transaction valued at approximately CAD$387 million, with an estimated enterprise value of CAD$343 million.

Province of british columbiaBritish columbiaUnited kingdomTom davies jeremyJohn tc leeBill caseySemiconductor wafer fabricationInstruments incMarketing communicationsGreenhill coSecurities exchangePhoton control incExpands technologyKey customersOptical sensorsTemperature control