MKS Inc.

Last updated
MKS Inc.
FormerlyMortice Kern Systems
Type Subsidiary
Industry Computer software
Founded1984;37 years ago (1984)
FateAcquired by PTC, Inc.
ProductsIntegrity software

MKS, Inc (formerly called Mortice Kern Systems) is a subsidiary of PTC, Inc. It was previously a multinational independent software vendor that was acquired by Parametric Technology Corporation (now PTC) on May 31, 2011. [1] MKS operated in the Application Lifecycle Management (ALM) and Systems Administration market segments. [2]

Contents

Integrity, a PTC Product manages systems and software development processes and connects engineering artifacts, including requirements, models, code and test, ensuring comprehensive lifecycle traceability.

PTC's Integrity Business Unit supports customers [3] across these four core industries: Automotive, Aerospace & Defense, High Tech Electronics and Medical Devices.

History

The early years 1984–2000: inception, interoperability and going public

Previously named Mortice Kern Systems, MKS was founded in 1984 by four University of Waterloo students, Randall Howard, Alex White, Trevor Thompson and Steve Izma. The company, founded initially as a consulting group, delivered to market its first product, MKS Toolkit, in 1985.

In 1987, MKS stepped into the version control market with a product called MKS RCS, which was renamed to MKS Source Integrity in 1992, deciding at that time to put strategic emphasis and focus expansion on the software configuration management marketplace, a segment of what is now known as Application Lifecycle Management (ALM).

In 1997 MKS began development of an enterprise version management system that formed the underlying architecture of the MKS Integrity ALM product offered today. This initiative was further realized in 1999 when MKS invested the bulk of its R&D efforts towards re-designing MKS Source Integrity as a multi-tier Java EE platform to address the needs of large enterprise installations.

In 1998 MKS purchased the Implementer product and division of Silvon Software, based out of Chicago, Illinois, to add AS/400 support to its ALM product line. Continuing with acquisitions, in 1999 the Interoperability Business Unit merged with DataFocus Inc., a long time OEM partner, and was charged with the evolution of the MKS Toolkit and NuTCRACKER products.

In the 1999–2000 timeframe, the company also embarked on a web content management strategy with the launch of a product called Web Integrity. This precipitated a spin-off strategy, resulting in the formation of a company called Vertical Sky. This short-lived venture was not successful, and the company abandoned its content management product and regrouped and rebuilt under the MKS brand name in 2001.

2001–2008: The rise of application lifecycle management

In 2001, following the company's restructuring and refinancing, MKS shifted its primary focus to the enterprise market, expanding from its desktop-based version control and defect tracking system to the multi-tier software change and configuration management (SCM) system it had been developing technically since 1997. The new product, now known as MKS Integrity, had a Java EE foundation and was brought to market in June, 2001. Since that time, the company has expanded feature sets beyond SCM, into what is now called in the marketplace, Application Lifecycle Management (ALM), with the incorporation of requirements management and release management in 2005, and test management and portfolio management in 2006. As of 2006, the ALM revenues for the company constitute over 80% of the annual revenues. [4]

In late 2005 MKS opened an office in Japan where the company began to offer local service and support for their customer base in countries such as Australia, China, Japan, Korea and Singapore.

By October 2006, the Interoperability Division of MKS announced the release of MKS X/Server - technology, SCO XVision Eclipse and the SCO Wintif, that was rebranded after being acquired from SCO.

In 2001 Philip C. Deck, join the company and was appointed CEO. Shortly after, Michael W. Harris, joined and was appointed President and COO in July 2002, and Douglas Sawatzky, formerly VP Finance, as Chief Financial Officer in February, 2006.

Throughout 2006–2008 MKS was recognized by industry analysts and PR firms as a strong contender in the ALM market and continued to receive industry accolades for its strong technical offerings:

In late 2007 and early 2008 the company acted upon growing success in the embedded systems market and focused its strategy both in terms of sales and development on large global organizations in the automotive, aerospace/defense, medical device and mobile device sectors.

2009–2010: Consolidation of development markets

With the current industry focus the company is seeing the advanced product development organizations, those with a combination software and hardware focus, forcing the consolidation of the traditional product development and software development life-cycles.

The accolades continued for MKS Integrity with more from the analyst and PR firms:

In late 2009 Michael W. Harris was appointed as the company's President and CEO while Philip C. Deck was appointed Executive Chairman and continues his role as Chairman of the Board of Directors. [11]

August 23, 2010 Charlie Janes returns to MKS and is appointed Vice President of Sales for North America.

In September, 2010, Andrew M. Wertkin was appointed Chief Technology Officer (CTO). [12]

November 3, 2010, Michelle Dickey joined MKS as Vice President Federal Sales to spearhead a team for the North American Government market.

2011: The Acquisition of MKS Inc.

On May 31, 2011, it was announced that PTC had completed the acquisition of MKS and that MKS would operate as the Integrity Business Unit of PTC going forward. [13]

2016: PTC Announces closure of former MKS office in Waterloo.

By mid 2017 all development staff working on former MKS products are laid off, only tiny support staff is left to support now legacy Integrity software.

Timeline

See also

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References

  1. ↑ PTC (2011-05-31). "Open Letter to MKS Customers: PTC Acquires MKS" (PDF). PTC, Inc. Archived from the original (PDF) on 2012-03-20. Retrieved 2011-09-16.
  2. ↑ "MKS Inc.: Private Company Information" . Retrieved 2016-11-22.
  3. ↑ "MKS Customers". Archived from the original on 2011-03-20. Retrieved 2011-03-23.
  4. ↑ (MKS Inc. (2006-06-07). "MKS Announces Record Revenue and Earnings for Fiscal 2006" (Press release). MKS Inc. Retrieved 2006-11-08.)
  5. ↑ Software Development Times (2006-06-01). "MKS Hits a Home Run with SD Times - Company Recognized as an Innovation Leader for Fourth Straight Year" (Press release). SD Times. Retrieved 2010-06-03.
  6. ↑ Forrester Research Inc. (2008-05-31). "The Forrester Wave(tm): Requirements Management, Q2 2008" (Press release). Forrester Research Inc. Retrieved 2010-06-02.
  7. ↑ Gartner Inc. (2008-01-28). "Magic Quadrant for Software Change and Configuration Management (SCCM) for Distributed Platforms" (Press release). Gartner Inc. Retrieved 2010-06-03.
  8. ↑ Voke Inc. (2008-08-07). "MKS positioned as an influential vendor in the ALM Vendor Report by independent analyst firm, Voke Inc" (Press release). Voke Inc. Retrieved 2010-06-03.
  9. ↑ Gartner Inc. (2009-04-23). "2009 Magic Quadrant for Software Change and Configuration Management (SCCM) for Distributed Platform" (Press release). Gartner Inc. Retrieved 2010-06-03.
  10. ↑ Forrester Research Inc. (2010-05-13). "The Forrester Wave(TM): Agile Development Management Tools, Q2 2010" (Press release). Forrester Research Inc. Retrieved 2010-06-03.
  11. ↑ "MKS Announces Changes to Leadership Structure" (Press release). 2009-11-24. Archived from the original on 2010-05-24.
  12. ↑ "MKS Appoints New CTO to Further Extend Technology Leadership" . Retrieved 2010-09-21.
  13. ↑ "PTC Sets New Standard for Managing Hardware and Software Development Lifecycles with MKS Integrity Acquisition" (Press release). PTC, Inc. 2011-05-31.
  14. ↑ (MKS Inc. (2002-09-18). "MKS Announces Major Upgrades to its Enterprise SCM Solution" (Press release). MKS Inc. Retrieved 2005-11-08.)
  15. ↑ (MKS Inc. (2005-02-01). "MKS Announces MKS Integrity Suite 2005" (Press release). MKS Inc. Retrieved 2005-11-08.)
  16. ↑ (MKS Inc. (2006-12-05). "MKS Establishes Asia/Pacific Operations" (Press release). MKS Inc. Retrieved 2005-11-08.)
  17. ↑ (MKS Inc. (2006-05-24). "MKS Redefines Application Lifecycle Management Market" (Press release). MKS Inc. Retrieved 2006-11-08.)
  18. ↑ (MKS Inc. (2006-06-07). "MKS Announces Record Revenue and Earnings for Fiscal 2006" (Press release). MKS Inc. Retrieved 2006-11-08.
  19. ↑ (MKS Inc. (2009-09-16). "MKS Extends Market Wide Leadership with MKS Integrity 2009" (Press release). MKS Inc. Retrieved 2009-09-16.)
  20. ↑ MKS Inc. (2010-09-21). "MKS Appoints New CTO to Further Extend Technology Leadership" (Press release). MKS Inc. Retrieved 2010-09-21.
  21. ↑ PTC (2011-05-31). "PTC Acquires MKS" (Press release).
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