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MKS, ASTeX Agree on Merger

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ANDOVER, Mass., Oct. 4 -- MKS Instruments Inc. has entered into a definitive merger agreement to acquire Applied Science and Technology Inc., a Wilmington, Mass.-based company that designs, develops, and manufactures precision reactive gas solutions. MKS Instruments will be the surviving corporation. The merger is in keeping with MKS Instruments' strategy of offering a one-stop, broad-based product range for its OEM and end-user customers. ASTeX's product line is based on its core technologies, which include reactive gas generation, power sources, and subsystem integration. The ASTeX merger...Read full article

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    Published: October 2000
    industrialNews & Features

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