Electro Scientific Industries to Be Acquired by MKS Instruments for $1 Billion
On October 30, 2018, MKS Instruments, a global provider of technologies that enable advanced processes and improve productivity, and Electro Scientific Industries (ESI), an innovator in laser-based manufacturing solutions for the micro-machining industry, announced that they have entered into an agreement for MKS to acquire ESI for $30.00 per share, or an all-cash transaction valued at approximately $1 billion. Wilson Sonsini Goodrich & Rosati is representing ESI in the transaction.
The transaction has been unanimously approved by the MKS and ESI boards of directors and is expected to close in the first quarter of 2019, subject to customary closing conditions, including regulatory approvals and approval by ESI's shareholders.
The WSGR team representing ESI in the transactions includes:
Employee Benefits and Compensation:
Regulatory and Compliance:
For more information, please see the companies' joint press release.