About Mortice Kern Systems
Mortice Kern Systems is a publicly listed company based in Waterloo (Canada) founded in 1989, and was acquired by PTC in May 2011. MKS Integrity platform developed for software application lifecycle management. The company has 10,200 employees. Mortice Kern Systems has completed 2 acquisitions, including Photon Control and Upspringsoftware. Its website mks.com draws about 127 thousand monthly visits. Its Indian entity M.K.S.Engineering Company Pvt Ltd reported revenue of ₹28.28 Cr. Mortice Kern Systems offers products and services including Capacitance Manometers, Mass Flow Controllers, Vacuum Gauges, and RF Power Generators. Its focus areas include Semiconductors and Horizontal.
Company details
Mortice Kern Systems was founded in 1989 in Waterloo, Canada, as a developer in the software industry. The company created MKS Integrity, a platform used to coordinate activities and artifacts in software development, including requirements, models, code, and testing, with traceability throughout the lifecycle. Operations focused on application lifecycle management tools. Acquisition by Parametric Technology Corporation occurred in May 2011.
- Indian entity revenue₹28.28 Cr
FY 2024 · +29% YoY
- Indian entity net profit₹1.39 Cr
FY 2024 · 5% margin
- Indian entity EBITDA₹4.29 Cr
FY 2024 · 15% margin
- Latest Funding Round$1.4B (USD), Post-IPO
May 2024
- InvestorsPTC
& 1 more
- Employee Count10,200
- Investments & AcquisitionsPhoton Control
& 1 more
- Acquired byPTC
(May 2011)
Associated legal entities of Mortice Kern Systems
Mortice Kern Systems operates through M.K.S.Engineering Company Pvt Ltd (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| M.K.S.Engineering Company Pvt Ltd CIN U45202MP1993PTC007912 | Active | 07 Oct 1993 | Jabalpur, Madhya Pradesh | ₹28.3 Cr | 2 | View details |
Products & Services of Mortice Kern Systems
Mortice Kern Systems offers a comprehensive portfolio of products and services, including Capacitance Manometers, Mass Flow Controllers, Vacuum Gauges, and RF Power Generators.
Instruments for accurate pressure measurement in vacuum systems
Devices that regulate gas flow for industrial processes
Tools for monitoring pressure in vacuum environments
Generators for microwave and radio frequency applications
Apps and channels of Mortice Kern Systems
its YouTube channel MKS Inc. has 1.97K subscribers and 30 videos.
Videos from Mortice Kern Systems
The most watched videos on Mortice Kern Systems's YouTube channel, MKS Inc. (1.97K subscribers). Click a video to play it here.
More on MKS Inc..
Funding Insights of Mortice Kern Systems
- Total Rounds 3
- Last Round Post-IPO — $1.4B
- Investors Count 1
All 3 funding rounds of Mortice Kern Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $1.4B | Post-IPO | – | – | – |
| Oct 2021 | $226,273 | Grant | – | – | |
| Jun 2015 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Mortice Kern Systems
Mortice Kern Systems has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include PTC and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
PTC is recognized as a global leader in product lifecycle management software. | 1985 | ptc.com | Boston, United States |
Investor details for Mortice Kern Systems
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Board of directors of M.K.S.Engineering Company Pvt Ltd (Mortice Kern Systems)
M.K.S.Engineering Company Pvt Ltd is the primary company behind Mortice Kern Systems. The board of M.K.S.Engineering Company Pvt Ltd currently have 2 directors; the longest-serving is Ajay Shrivastava, appointed in 2018. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Shrivastava DIN 08274027 | Additional Director | 15 Oct 2018 | 8 yrs | M.K.S.Engineering Company Pvt Ltd |
| Aishwary Saxena DIN 08326389 | Additional Director | 09 Jan 2019 | 7 yrs 9 mo | M.K.S.Engineering Company Pvt Ltd |
People of Mortice Kern Systems
498 people are tracked at Mortice Kern Systems (144 in leadership, 6 in board & advisors, 348 in team); the tracked headcount is 10,200.
| Name | Role | Group |
|---|---|---|
Kathleen F. Burke | Senior Vice President, General Counsel and Assistant Secretary | Leadership |
John T.C. Lee | President and Chief Executive Officer | Leadership |
James A. Schreiner | Senior Vice President and Chief Operating Officer | Leadership |
Seth H. Bagshaw | Senior Vice President, Chief Financial Officer and Treasurer | Leadership |
Christine Doyle | Divisional Head Of Finance | Leadership |
Todd Kaylor | Global Head Of Talent Acquisition | Leadership |
Zina Morrison | Senior Director, Talent And Organizational Development | Leadership |
Tara Burke | Senior Director, Global Human Resources | Leadership |
Robbin Antono | Director, Global Supplier Performance Management | Leadership |
Manu Sabharwal | VP Global Tax And Treasury | Leadership |
Rich Gilbert | Director, Corporate Financial Planning & Analysis | Leadership |
Tom Miller | Senior Director Of N. American Commercial Account Sales, Photonics Solutions Division | Leadership |
Guy Guzman | Director Of Operations | Leadership |
Guillermo Mancillas | Director Of Operations | Leadership |
Bob Melloni Jr. | Sr. Director Of Test Engineering - Technical Operations | Leadership |
Rajdeep Mahida | Vice President Information Technology | Leadership |
Philippe Wernert | R&d Director | Leadership |
Calvin Twu | Regional Managing Director | Leadership |
Avinash Venkat | Senior Director & HR Leader For Materials Solutions Division | Leadership |
Beatrice Lauture | Vice President Human Resources, Americas Region | Leadership |
478 more people are available in the full profile.
Complete people profiles for Mortice Kern Systems
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IPO & Listings of Mortice Kern Systems
Mortice Kern Systems is a publicly listed company on the NASDAQ with ticker symbol MKSI in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date26 Mar 1999
- Listed onNASDAQ: MKSI
- Listed entityMKS Inc.
- Exchange sectorProducer manufacturing
- ISINUS55306N1046
- Share price$247.56 (-0.94% on the day) · 2026-10-13
- Market capitalisation$16.74B
- Price to earnings39.5
- EPS (diluted, trailing year)$6.27
- Dividend yield0.39%
- Volume (last session)1,685,115
Financials of Mortice Kern Systems
Figures of M.K.S.Engineering Company Pvt Ltd, the primary company behind Mortice Kern Systems, for FY 2024. Revenue was ₹28.28 Cr (+29% year on year). Net profit was ₹1.39 Cr (5% margin). EBITDA was ₹4.29 Cr (15% margin). Revenue has grown at a compounded annual rate of +58% over three years and +15% over five years.
- ₹28.28 CrRevenue · FY 2024 · +29% YoY
- ₹1.39 CrNet profit · 5% margin
- ₹4.29 CrEBITDA · 15% margin
- ₹76.9 LakhPaid-up capital
- +58%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $3.93B | $295.0M | $907.0M |
| 2024 | $3.59B | $190.0M | $860.0M |
| 2023 | $3.62B | -$1.84B | $774.0M |
| 2022 | $3.55B | $333.0M | $870.0M |
| 2021 | $2.95B | $551.4M | $845.4M |
Balance sheet, profit and loss, cash flow and ratios of M.K.S.Engineering Company Pvt Ltd are on its company page.
Detailed financial statements for Mortice Kern Systems
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Mortice Kern Systems
Mortice Kern Systems has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Photon Control and Upspringsoftware.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Fibre optic sensors are manufactured for industrial process monitoring. | photoncontrol.com | Richmond, Canada | 1988 | May 2021 | •••• | |
Mobile commerce, SEO, and digital marketing services are offered. | upspringsoftware.com | New York, United States | 2018 | Mar 2001 | •••• |
Complete acquisition details for Mortice Kern Systems
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Timeline of Mortice Kern Systems
7 dated milestones of Mortice Kern Systems across 35 years, from founding to its latest funding, stage changes and deals.
- Founded Mortice Kern Systems is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Upspringsoftware.
- Exit Acquired by PTC.
- Funding First funding round.
- Acquisition Acquires Photon Control.
- Funding Latest funding round, Post-IPO, of $1.4B.
Web traffic of Mortice Kern Systems
The website of Mortice Kern Systems (mks.com) receives about 127K visits a month.
- Monthly visits127K
Websites whose visitors overlap most with Mortice Kern Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
tiac.net | tiac.net | 100% | – | ||
eipbn.org | eipbn.org | 91% | #2,790,705 | – | |
lesics.com | lesics.com | 91% | #2,418,373 | – | |
| setra.com | 91% | #545,930 | View details | ||
| sensorsone.com | 91% | #169,958 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 37 similar websites and full traffic analytics for Mortice Kern Systems
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Related news about Mortice Kern Systems
Complete news archive for Mortice Kern Systems
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Frequently Asked Questions about Mortice Kern Systems
Mortice Kern Systems was founded in 1989 and raised its 1st funding round 26 years after it was founded.
Mortice Kern Systems is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Mortice Kern Systems has 10,200 employees.
The primary company behind Mortice Kern Systems, M.K.S.Engineering Company Pvt Ltd, reported revenue of ₹28.28 Cr for FY 2024, up 29% year on year.
Mortice Kern Systems was founded in 1989 in Waterloo, Canada, as a developer in the software industry. The company created MKS Integrity, a platform used to coordinate activities and artifacts in software development, including requirements, models, code, and testing, with traceability throughout the lifecycle. Operations focused on application lifecycle management tools. Acquisition by Parametric Technology Corporation occurred in May 2011.
Mortice Kern Systems offers Capacitance Manometers, Mass Flow Controllers, Vacuum Gauges, and RF Power Generators.
Yes, Mortice Kern Systems is publicly traded on NASDAQ under the ticker symbol MKSI.
Mortice Kern Systems has made 2 acquisitions, including Photon Control, and Upspringsoftware.
Mortice Kern Systems has 2 investors. Key investors include PTC, and European Union.
Mortice Kern Systems operates through M.K.S.Engineering Company Pvt Ltd.
Yes. Mortice Kern Systems was acquired by PTC in May 2011.
The legal entities of Mortice Kern Systems currently have 2 directors, including Ajay Shrivastava, Aishwary Saxena.