Mortice Kern Systems

Waterloo, Canada Founded: 1989 • Age: 37 yrs Acquired By PTC
MKS Integrity platform developed for software application lifecycle management.
Annual revenue $3.6B Latest available
Total funding - 3 rounds
Employees 10200 Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors - Brand Intelligence

About Mortice Kern Systems

Mortice Kern Systems is a company based in Waterloo (Canada) founded in 1989 was acquired by PTC in May 2011. The company has 10,200 employees as of December 31, 2024. Mortice Kern Systems has completed 2 acquisitions, including Photon Control and Upspringsoftware. Mortice Kern Systems offers products and services including Capacitance Manometers, Mass Flow Controllers, Vacuum Gauges, and RF Power Generators.

  • Headquarter Waterloo, Canada
  • Employees 10200 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mks Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.59 B (USD)
    -0.99
    as on Dec 31, 2024
  • Net Profit
    $190 M (USD)
    0
    as on Dec 31, 2024
  • EBITDA
    $860 M (USD)
    11.11
    as on Dec 31, 2024
  • Latest Funding Round
    $1.4 B (USD), Post-IPO

    May 16, 2024

  • Investors
    PTC

    & 1 more

  • Employee Count
    10200

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    PTC

    (May 31, 2011)

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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.

Exchange: NASDAQ · Ticker: MKSI · Sector: Producer manufacturing · USA

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.

Product name locked
Category locked
Primary

Instruments for accurate pressure measurement in vacuum systems

Product name locked
Category locked
Locked

Devices that regulate gas flow for industrial processes

Product name locked
Category locked
Locked

Tools for monitoring pressure in vacuum environments

Product name locked
Category locked
Locked

Generators for microwave and radio frequency applications

People of Mortice Kern Systems

Headcount 5000-10000
Employee Profiles 494
Board Members and Advisors 6
Employee Profiles
People
Kathleen F. Burke
Senior Vice President, General Counsel and Assistant Secretary
People
John T.C. Lee
President and Chief Executive Officer
People
Dorothy Johnson
Talent Acquisition Manager
People
Andreas Arnold
Senior Manager Service & Operations/ Site Leader Munich

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Funding Insights of Mortice Kern Systems

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.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
PTC is recognized as a global leader in product lifecycle management software.
Locked Locked Locked
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Investor details for Mortice Kern Systems

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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.

Investments
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Investment portfolio details for Mortice Kern Systems

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile commerce, SEO, and digital marketing services are offered.
Locked Locked 2018 Locked
Fibre optic sensors are manufactured for industrial process monitoring.
Locked Locked 1988 Locked
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Complete acquisition details for Mortice Kern Systems

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Financial Statements - Mortice Kern Systems

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Detailed financials for Mortice Kern Systems

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Mortice Kern Systems Comparisons

Mortice Kern Systems Primary company
Description
MKS Integrity platform developed for software application li...
Location
Waterloo, Canada
Founded Year
1989
Annual Revenue
$3.59 B (USD)
Net Profit
$190 M (USD)
EBITDA
$860 M (USD)
Employees
10,200
As of 2024
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Peer comparison for Mortice Kern Systems

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Competitors of Mortice Kern Systems

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Detailed competitors of Mortice Kern Systems

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Latest news on Mortice Kern Systems

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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.

As of Dec 31, 2024, the latest employee count at Mortice Kern Systems is 10,200.

Annual revenue of Mortice Kern Systems is $3.59B as on Dec 31, 2024.

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.

The ticker symbol of Mortice Kern Systems is MKSI on NASDAQ.

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