Brind.

TTM Technologies to Acquire Ophir Optics Business from MKS Inc.

Steady: 2 in the last 7 days Updated monday

The latest in this situation

  1. TTM Technologies agreed to acquire the Ophir Optics unit.
  2. MKS Inc. is selling the Ophir Optics business.

How it started

1 report, 1 independent, last reported Mon 00:00. The briefing below covers this first event.

AI-generated briefing. Brind wrote this from the reports listed below and has updated it as the story developed. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

MKS Inc. announced the sale of the Ophir Optics business to TTM Technologies. The acquisition is structured as an all-cash transaction valued at approximately $650 million. Ophir Optics is a manufacturer of high-precision infrared thermal imaging and laser optics solutions based in Israel and Romania. The transaction is expected to close in the second quarter of 2027.

From manilatimes.net

Why it matters

Some supportBrind's analysis of the reports

The acquisition is expected to be immediately accretive to TTM Technologies' Adjusted EBITDA Margin and Non-GAAP Diluted EPS. The Ophir Optics business serves defense, security, and industrial applications, and the sale changes the asset portfolio of MKS Inc.

From manilatimes.net

Who's involved

  • MKS Inc.Divesting the Ophir Optics business unit

Possible ripples

Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.

How it developed

Newest first. Tap a step to see who reported it.
  1. TTM Technologies agreed to acquire the Ophir Optics unit.Sub-event
  2. MKS Inc. announced the sale of Ophir Optics.1 source

Keep exploring

The entities involved

  • MKS Inc.

    multinational independent software vendor which was acquired by Parametric Technology Corporation

    Nothing else this week.

Coverage

Newest first; wire copies grouped