MKS completes plan of arrangement with Parametric Technology

On May 31, 2011, MKS Inc. (TSX:MKX) announced the completion of the previously announced statutory plan of arrangement pursuant to which Parametric Technology Corporation acquired all of the outstanding common shares of MKS at a price of $26.20 per share in cash. With the completion of the arrangement, the common shares of MKS will be delisted from the Toronto Stock Exchange. MKS enables organizations to reduce the overwhelming complexity of developing software intensive products thereby removing barriers to rapid innovation. With offices worldwide, MKS supports customers across a number of industries including, Automotive, Aerospace and Defense, High Tech Electronics and Medical Devices.The independent committee of MKS was advised in this transaction by Fasken Martineau with a team that included William Orr and Aaron Atkinson.