TTM Technologies Acquires Ophir Optics Unit for $650 Million
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
What happened
TTM Technologies agreed to acquire the Ophir Optics unit for approximately $650 million in cash. The transaction, which is scheduled to close in the second quarter of 2027, will be funded by TTM Technologies using cash on hand, anticipated cash flows, and credit facility borrowings. The acquisition adds precision infrared optics and laser measurement instrumentation to TTM Technologies' aerospace and defense product lines.
From financialcontent.com
Why it matters
The purchase price represents a valuation multiple exceeding 18 times Ophir's projected fiscal 2026 adjusted EBITDA. For electronics manufacturing suppliers, acquiring proprietary electro-optical capabilities could shift the revenue mix away from build-to-print circuit fabrication toward sole-sourced, mission-critical subsystems.
MKS Inc. is selling the Ophir Optics business.
From financialcontent.com
Who's involved
- TTM TechnologiesPCB manufacturer agreeing to acquire the Ophir Optics unit
- OphirThe unit being acquired by TTM Technologies
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- OphirSpeculative
Electronics manufacturing suppliers might see their revenue mix shift toward sole-sourced, mission-critical subsystems following the acquisition.
Keep exploring
The entities involved
-
TTM Technologies
American PCB manufacturer
Nothing else this week.
-
Ophir
railway station in Manitoba, Canada
Nothing else this week.