Viking Therapeutics Sees Growing Strategic Interest in $150 Billion Weight-Loss Drug Market 
Amazon Reviews Supplier Costs as U.S.–China Tariffs Ease 
Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits 
Chevron Set to Expand Venezuela Operations as U.S. Signals Shift on Oil Sanctions 
SK Hynix to Invest $13 Billion in Advanced Chip Packaging Plant as AI Memory Demand Surges 
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates 
Lynas CEO Amanda Lacaze to Retire After 12 Years as Rare Earths Demand Grows 
Trump Pushes Tech Giants to Absorb AI Data Center Power Costs, Citing Microsoft Changes 
Rio Tinto and BHP Agree to Explore Major Iron Ore Collaboration in Pilbara 
Netflix Plans All-Cash Bid for Warner Bros Discovery Studios Amid Intense Hollywood Takeover Battle 
Merck Raises Growth Outlook, Targets $70 Billion Revenue From New Drugs by Mid-2030s 
Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities 
AbbVie Commits $100 Billion to U.S. Investment in Drug Pricing Deal With Trump Administration 
Coca-Cola Shelves Costa Coffee Sale After Low Private Equity Offers 
Rio Tinto–Glencore Talks Spark Pressure on BHP as Copper Fuels Mining Mega Deals 
AFT Leaves X Over AI-Generated Images of Minors 
U.S. Government Invests $1 Billion in L3Harris Rocket Motor Business to Secure Missile Supply Chain 
ANDOVER, Mass., April 03, 2017 -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of technologies that enable advanced processes and improve productivity, today announced that it has completed the sale of its Data Analytics Solutions business to Sartorius Stedim Biotech (Euronext Paris:DIM), a leading supplier to the biopharmaceutical industry, for $72.5 million on a cash and debt-free basis.
MKS Data Analytics Solutions is a software business based in Malmö, Sweden that MKS acquired in 2006. The business develops and markets multivariate data analysis and modeling software particularly used by biotechnology and pharmaceutical companies and generated revenue of approximately $13 million in 2016.
About MKS Instruments
MKS Instruments, Inc. is a global provider of instruments, subsystems and process control solutions that measure, control, power, monitor, and analyze critical parameters of advanced manufacturing processes to improve process performance and productivity. Our products are derived from our core competencies in pressure measurement and control, flow measurement and control, gas and vapor delivery, gas composition analysis, residual gas analysis, leak detection, control and information technology, ozone generation and delivery, RF & DC power, reactive gas generation, vacuum technology, photonics, sub-micron positioning, vibration isolation and optics. Our primary served markets include semiconductor capital equipment, general industrial, life sciences and research. Additional information can be found at www.mksinst.com.
Company Contact: Seth H. Bagshaw Vice President, Chief Financial Officer and Treasurer Telephone: 978.645.5578 Investor Relations Contact: The Blueshirt Group Monica Gould Telephone: 212.871.3927 Email: [email protected] Lindsay Savarese Telephone: 212.331.8417 Email: [email protected]
