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MKS Instruments has entered into a definitive agreement to acquire Atotech Ltd., a process chemicals technology company and a provider of advanced electroplating solutions. MKS will acquire the company for $16.20 in cash and 0.0552 shares of MKS common stock for each Atotech common share. The equity value of the transaction is $5.1 billion, and the enterprise value of the transaction is approximately $6.5 billion.
MKS said the transaction will result in annual revenue (pro forma) of $3.8 billion. The deal is poised to accelerate MKS’ development of interconnect solutions to address increasing miniaturization demands for enabling the integration of chips into devices.
“By combining leading capabilities in lasers, optics,…READ MORE