MKS Adds Optical Sensor Tech with Photon Control Acquisition

MKS Instruments will acquire Photon Control Inc., a Canadian developer of optical sensors for temperature control used in semiconductor wafer fabrication. The Mass.-based laser company entered into a definitive agreement with Photon Control, in which it will make the acquisition for approximately $320.17 million (387 million CAD).

Photon Control had revenues of $53.8 million (65 million CAD) in 2020.

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Published: May 2021

Glossary

optoelectronics: Optoelectronics is a branch of electronics that focuses on the study and application of devices and systems that use light and its interactions with different materials. The term "optoelectronics" is a combination of "optics" and "electronics," reflecting the interdisciplinary nature of this field. Optoelectronic devices convert electrical signals into optical signals or vice versa, making them crucial in various technologies. Some key components and applications of optoelectronics include: ...

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