ANDOVER

MKS Instruments Declares Quarterly Cash Dividend

Retrieved on: 
Mardi, février 6, 2024

ANDOVER, Mass., Feb. 06, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share, payable on March 8, 2024, to shareholders of record as of February 26, 2024.

Key Points: 
  • ANDOVER, Mass., Feb. 06, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share, payable on March 8, 2024, to shareholders of record as of February 26, 2024.
  • Future dividend declarations, as well as the record and payment dates for such dividends, are subject to the final determination of the Company's Board of Directors.

Mercury Awarded Subcontract for the U.S. Army’s Next-Generation LTAMDS Radar System

Retrieved on: 
Jeudi, février 1, 2024

Under the new production agreement, Mercury will deliver hardware to Raytheon for the next nine LTAMDS radars to support the U.S. Army and Poland, the first international LTAMDS customer .

Key Points: 
  • Under the new production agreement, Mercury will deliver hardware to Raytheon for the next nine LTAMDS radars to support the U.S. Army and Poland, the first international LTAMDS customer .
  • LTAMDS is the newest air and missile defense sensor that will operate on the Army’s Integrated Air and Missile Defense network.
  • Mercury developed an advanced, edge-ready processing solution for LTAMDS that will give U.S. and international forces an unparalleled strategic and tactical advantage on the battlefield.
  • Six Raytheon-built LTAMDS radars are advancing through integration and test activities simultaneously at multiple government and Raytheon test sites.

HIRO is Driving Innovation to the Edge, Teasing the Promise of Smart Cities

Retrieved on: 
Mardi, janvier 30, 2024

ANDOVER, Mass., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Vicor Corporation continues its Powering Innovation podcast series with HIRO, a leader in edge computing.

Key Points: 
  • ANDOVER, Mass., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Vicor Corporation continues its Powering Innovation podcast series with HIRO, a leader in edge computing.
  • The discussion addresses how edge computing (EC) systems bring cloud computing closer to where it’s needed for mission-critical applications such as hospitals and smart cities.
  • HIRO provides compact, scalable edge computing that is behind new smart city designs, education reform and medical advancements.
  • Buining explained the advantages of using EMDCs and elaborated on the various projects and applications that HIRO is powering today.

MKS Instruments Recognized by TSMC for Outstanding Production Support

Retrieved on: 
Mardi, janvier 30, 2024

ANDOVER, Mass., Jan. 30, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (Nasdaq: MKSI), a global provider of technologies that transform our world, was recognized for outstanding production support by Taiwan Semiconductor Manufacturing Company (TSMC) at their Supply Chain Management Forum.

Key Points: 
  • ANDOVER, Mass., Jan. 30, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (Nasdaq: MKSI), a global provider of technologies that transform our world, was recognized for outstanding production support by Taiwan Semiconductor Manufacturing Company (TSMC) at their Supply Chain Management Forum.
  • “We are honored to be recognized for our efforts over the past year and proud to see our valuable partnership with TSMC highlighted in this way,” said John T.C.
  • As the founder and a leader of the Dedicated IC Foundry segment, TSMC held its 2023 Supply Chain Management Forum on December 7, 2023 to acknowledge its partners for their support and outstanding contributions throughout the past year.
  • MKS is a critical components/sub-systems provider and was recognized for their timely and high-quality professional services which contribute to TSMC’s supply chain stability.

Mercury Appoints Stuart Kupinsky as Chief Legal Officer

Retrieved on: 
Jeudi, janvier 25, 2024

ANDOVER, Mass., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com ), a technology company that delivers mission-critical processing power to the edge, today announced the appointment of Stuart Kupinsky as Executive Vice President and Chief Legal Officer, effective Jan. 29, 2024.

Key Points: 
  • ANDOVER, Mass., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com ), a technology company that delivers mission-critical processing power to the edge, today announced the appointment of Stuart Kupinsky as Executive Vice President and Chief Legal Officer, effective Jan. 29, 2024.
  • Reporting to Mercury Chairman and CEO Bill Ballhaus, Kupinsky will be responsible for the company’s legal strategy, including M&A, intellectual property, and enterprise contracts.
  • Kupinsky was also Chief Counsel for FirstNet, a multibillion-dollar independent government agency building a nationwide network for first responders.
  • “We are excited for Stuart to join the Mercury management team,” said Bill Ballhaus.

MKS Instruments Selected as a 2024 Campus Forward Award Winner by RippleMatch

Retrieved on: 
Jeudi, janvier 25, 2024

ANDOVER, Mass., Jan. 25, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, a global provider of technologies that transform our world, was recently selected as a recipient of the 2024 Campus Forward Award , presented by recruitment automation platform RippleMatch.

Key Points: 
  • ANDOVER, Mass., Jan. 25, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, a global provider of technologies that transform our world, was recently selected as a recipient of the 2024 Campus Forward Award , presented by recruitment automation platform RippleMatch.
  • We are proud to see our commitment recognized by RippleMatch.”
    The Campus Forward Award identifies companies that are committed to hiring and retaining the next generation of talent through investment in innovative campus and early-career recruiting strategies, diversity & inclusion, standout internships, and entry-level programming.
  • Winning companies demonstrated impactful talent programs for individuals early in their careers, and were selected from applications submitted by campus recruiting teams across industries and program sizes.
  • MKS Instruments has also been recognized by Newsweek and Statista as one of America’s Most Responsible Companies and was named to U.S. News & World Report’s 2024 list of Best Companies to Work For .

MKS Instruments Showcases Customer-Focused Photonics Innovations at SPIE’s Photonics West 2024

Retrieved on: 
Mercredi, janvier 24, 2024

The MKS brands of the Photonics Solutions Division – Newport™, Ophir®, and Spectra-Physics® – have been a formidable market-leading force in the industry for decades and have had a constant presence at the SPIE Photonics West conference since its inception in 1995.

Key Points: 
  • The MKS brands of the Photonics Solutions Division – Newport™, Ophir®, and Spectra-Physics® – have been a formidable market-leading force in the industry for decades and have had a constant presence at the SPIE Photonics West conference since its inception in 1995.
  • Spectra-Physics IceFyre® FS IR200 laser, an industrial femtosecond laser offering >200 W power in the infrared (IR) for high-quality, high-throughput micromachining.
  • Spectra-Physics Spitfire® Ace CEP6™ technology, the most advanced carrier-envelope phase (CEP) stabilization capability, delivers record-low CEP noise for attosecond science.
  • “We are pleased to be at the forefront of technological advances that are increasing the pace of innovation in the photonics industry,” stated Dr. Mark Gitin, Executive Vice President & General Manager, Photonics Solutions Division, MKS Instruments.

MKS Instruments Announces Fourth Quarter and Full Year 2023 Earnings Conference Call

Retrieved on: 
Mardi, janvier 23, 2024

ANDOVER, Mass., Jan. 23, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced that the Company will release fourth quarter and full year 2023 financial results after market close on Wednesday, February 7, 2024.

Key Points: 
  • ANDOVER, Mass., Jan. 23, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced that the Company will release fourth quarter and full year 2023 financial results after market close on Wednesday, February 7, 2024.
  • A conference call with management will be held on Thursday, February 8, 2024 at 8:30 a.m. (Eastern Time).
  • To participate in the call by phone, participants should register online by clicking here , where dial in details will be provided.
  • We encourage participants to register and dial in to the conference call at least 15 minutes before the start of the call to ensure a timely connection.

MKS Instruments Completes Refinancing of Secured Term Loan A

Retrieved on: 
Lundi, janvier 22, 2024

ANDOVER, Mass., Jan. 22, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI) (“MKS”), a global provider of enabling technologies that transform our world, announced today that it successfully completed the refinancing of its existing $744 million secured tranche A term loans using a portion of the proceeds of its $490 million incremental secured U.S. dollar tranche B term loans and €250 million incremental secured Euro tranche B term loans (collectively, the “Term Loan B”).

Key Points: 
  • ANDOVER, Mass., Jan. 22, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI) (“MKS”), a global provider of enabling technologies that transform our world, announced today that it successfully completed the refinancing of its existing $744 million secured tranche A term loans using a portion of the proceeds of its $490 million incremental secured U.S. dollar tranche B term loans and €250 million incremental secured Euro tranche B term loans (collectively, the “Term Loan B”).
  • As a result of the refinancing, the maturity of the refinanced loans has been extended to 2029, consistent with MKS’ existing secured tranche B term loans, and is expected to result in savings by reducing MKS’ weighted average cost of debt on the amount of debt refinanced by approximately 30 to 35 basis points based on current interest rates.
  • “This move adds flexibility, simplifies our capital structure, and is consistent with our longstanding track record of proactively managing our balance sheet,” said Seth H. Bagshaw, Executive Vice President and Chief Financial Officer.
  • “We are pleased with the strong market demand for our Term Loan B reflecting the strength of our operating model and appreciate the partnership of our lenders in facilitating the transaction.”
    JP Morgan acted as the sole lead arranger and sole bookrunner for the tranche A term loan refinancing.

Mercury Introduces Direct RF System-On-Module Powered by Intel Agilex FPGA

Retrieved on: 
Lundi, janvier 22, 2024

Direct RF components and modules directly digitize radio frequency signals at the antenna signal frequency, eliminating the analog signal down conversion stages required by legacy hardware.

Key Points: 
  • Direct RF components and modules directly digitize radio frequency signals at the antenna signal frequency, eliminating the analog signal down conversion stages required by legacy hardware.
  • Mercury offers industry-leading Direct RF products including system-in-package and multi-chip modules and 3U VPX processing boards .
  • The DRF2580 is a four-channel SOM based on the Intel Agilex 9 SoC FPGA AGRW014 that converts between analog and digital signals at 64 Gigasamples per second.
  • Until now, converter technology could not keep up with the wide frequency range of RF input and output signals.