# MKS Instruments agrees to acquire Photon Control for CAD 387 million

MKS Instruments announced a definitive agreement to acquire Photon Control Inc. for CAD$3.60 per share in an all-cash transaction valued at approximately CAD$387 million. Photon Control is a leader in optical sensors for temperature control in semiconductor wafer fabrication.

- Type: Acquisition
- Announced: 2021-05-10
- Where: Richmond, British Columbia, Canada
- Value: $310.0M (387.0M CAD)
- Status: announced
- Products: optical sensors for temperature control
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [MKS Instruments](https://endata.com/companies/9523.md) (acquirer)
- [Photon Control](https://endata.com/companies/55014.md) (target)

## Sources

- [investor.mks.com](https://investor.mks.com/news-releases/news-release-details/mks-instruments-announces-agreement-acquire-photon-control), 2021-05-10: "MKS Instruments today announced that it has entered into a definitive agreement pursuant to which MKS will acquire Photon Control Inc. for CAD$3.60 per share, in an all-cash transaction valued at approximately CAD$387 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.