MKS Instruments (MKSI) said Thursday its shareholders have approved the change of its corporate name to MKS Inc.
The name change is effective Friday, the company said.
The new name "better reflects the breadth and scope of our current and future business as a provider of not only industrial instruments but also world-class subsystems, systems, process control solutions, and specialty chemicals technology," said MKS Chief Executive John T.C. Lee.
The company said its shares will continue to trade on Nasdaq under the current ticker "MKSI."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.