Electro Scientific Industries

Electro Scientific Industries, Inc.
Company typeSubsidiary
IndustryElectronics, semiconductor, Laser, Machining
Founded1944; 80 years ago (1944) (alternatively 1953)
FounderDouglas C. Strain (1953)[1][2]
Headquarters
Beaverton, Oregon
United States
45°29′45″N 122°49′32″W / 45.49572°N 122.82545°W / 45.49572; -122.82545
Area served
Worldwide
Key people
  • Michael Burger (president and CEO)
  • Allen Muhich (CFO)
  • Michael Stubelt (VP Business Development)
  • John Williams (VP Marketing)
ProductsLaser-based processing systems for printed circuit board (PCB) manufacturing, IC packaging fabrication, passive component manufacturing, testing, and inspection, semiconductor wafer processing and component parts micromachining;
RevenueUS$159.1 million (FY 2015)
ParentMKS Instruments
Websiteesi.com

Electro Scientific Industries, Inc. (ESI) is an American high technology company headquartered in the Portland, Oregon, metropolitan area, specifically in Beaverton, Oregon, since 2021, but from 1963–2021, it was based in the unincorporated Cedar Mill area just north of Beaverton. ESI is a developer and supplier of photonic and laser systems for microelectronics manufacturers.[3] Founded in 1944, it is the oldest high-tech company in Oregon.[4][5] Along with Tektronix,[6] and later Intel, it has spawned numerous technology-based companies in the Portland area, an area known as the Silicon Forest.[7] From 1983 to 2019, shares in the company were publicly traded on NASDAQ, under the ticker symbol ESIO.

In October 2018, it was announced that a deal had been reached to sell the company to MKS Instruments, Inc.[8] The deal was completed on February 1, 2019, making ESI a subsidiary of MKS.[9][10]

  1. ^ Cite error: The named reference SEC_1995_10K was invoked but never defined (see the help page).
  2. ^ Cite error: The named reference oregontech1994 was invoked but never defined (see the help page).
  3. ^ "ESI Financial Tear Sheet". ESI. Archived from the original on 2016-01-27. Retrieved 2010-08-08.
  4. ^ Earnshaw, Aliza (March 20, 2001). "ESI surpasses analyst expectations". Portland Business Journal. Retrieved 2010-08-11.
  5. ^ Rogoway, Mike (January 20, 2009). "ESI sales under "extraordinary pressure"". The Oregonian. Retrieved 2010-08-11.
  6. ^ Meyers, Sean (October 19, 1997). "Tek's rich history helps define state". Portland Business Journal. Retrieved 2010-08-11.
  7. ^ "Silicon Forest Universe". Portland State University. Archived from the original on 2012-03-20. Retrieved 2010-08-08.
  8. ^ Rogoway, Mike (October 30, 2018). "ESI, Oregon's oldest tech company, sells for $1 billion". The Oregonian. Retrieved 2018-11-01.
  9. ^ "U.S. Securities and Exchange Commission Form 10-K for the fiscal year ended December 31, 2018". MKS Instruments. February 26, 2019. p. 2. Archived from the original on March 4, 2019. Retrieved 2019-03-04.
  10. ^ Spencer, Malia (February 5, 2019). "Oregon down another public company as ESI sale closes". Portland Business Journal. Retrieved 2019-03-04.