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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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