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August 30, 2012
14:35 EDTMKSIMKS Instruments acquires Plasmart in cash transaction
MKS Instruments (MKSI) announces the acquisition of Plasmart, Inc. of Daejeon, Korea in a cash transaction closed yesterday. Plasmart develops radio frequency plasma generation and monitoring systems for the semiconductor, flat panel display, AMOLED and solar photovoltaic industries. Founded in 2000 by four KAIST PhD physicists, Plasmart, with approximately 65 employees, designs and manufactures a full product suite of single, dual and triple frequency RF matches, RF generators, plasma monitoring systems and inductively coupled plasma sources. Plasmart's innovative and highly respected engineers and scientists have enabled Plasmart to penetrate and win business with key customers. The company's expertise in RF systems and competitive successes were key drivers in the selection of Plasmart for acquisition.
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