Divestiture/carve-outOct 19, 2026Pending
🇮🇱 Israel
OOOphir OpticsTTTTM Technologies, Inc.
Technology › Hardware & Electronics
Enterprise value$650MEnterprise value
AnnouncedOct 19, 2026
ConsiderationCash
StructureOther
RegionMiddle East & Africa
Cross-borderYes
Contingent paymentNo
Overview
TTM Technologies, Inc. agreed to acquire the Ophir Optics business from MKS Inc. for approximately $650 million in cash, subject to customary closing adjustments.
Deal rationale
The acquisition adds advanced infrared optics capabilities and is expected to be immediately accretive to TTM's Adjusted EBITDA margin and Non-GAAP diluted EPS, expanding its portfolio of mission-critical optical solutions for defense and industrial customers.
AI-generated from the SEC filingPendingTechnology › Hardware & ElectronicsIsraelMiddle East & Africa
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $650M | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
CCiti
Sell-side
None listed
Parties
Target
OOOphir Optics
- Headquarters
- Israel
- Ticker
- —
Acquirer
TTTTM Technologies, Inc.
- Headquarters
- United States
- Ticker
- —
Seller
MMKS Inc.
- Headquarters
- —
- Ticker
- —