MKS Instruments, Inc. (NASDAQ: MKSI) has announced a significant change in its corporate name to MKS Inc., effective May 16, 2025. This change is a reflection of the company's evolution from its founding in 1961 as an industrial instruments company to its current position as a provider of a broader range of technology solutions.
Since its founding, MKS has expanded and entered new markets through organic growth from investment in research and development and strategic acquisitions. The company's new name, MKS Inc., better represents its current and future business as a provider of not only industrial instruments but also world-class subsystems, systems, process control solutions, and specialty chemicals technology.
The company's stock will continue to trade on Nasdaq under its current symbol "MKSI," and the name change will have no effect on MKS’ corporate structure or the names of any of its subsidiaries.
MKS Inc. enables technologies that transform various industries, delivering foundational technology solutions to leading-edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. The company applies its broad science and engineering capabilities to create instruments, subsystems, systems, process control solutions, and specialty chemicals technology that improve process performance, optimize productivity, and enable unique innovations for many of the world’s leading technology and industrial companies.
Additional information about MKS Inc. can be found at www.mks.com. As a result of these announcements, the company's shares have moved 0.66% on the market, and are now trading at a price of $93.94. For the full picture, make sure to review MKS INSTRUMENTS INC's 8-K report.