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 Wilson Sonsini team representing ESI in the transactions includes:

M&A:
Ethan Lutske
Tracy Silvey

Corporate/Securities:
Tony Jefferies
John Mao
Mark Bass
Dana Hall

Antitrust:
Michelle Hale

Technology Transactions:
John McGaraghan
Barath Chari

Employee Benefits and Compensation:
Scott McCall
Jaqueline Tokuda
Matthew Norgard

Real Estate:
James McCann
Martin Sul

Employment Law:
Marina Tsatalis

Regulatory and Compliance:
Anne Seymour

For more information, please see the companies' joint press release.