From TokenPost · · 50s
MKS Sells Ophir Optics to TTM for $650m
MKS Inc. sells Ophir Optics unit to TTM Technologies in $650 million cash deal.
In brief
MKS Inc. sells Ophir Optics unit to TTM Technologies in $650 million cash deal. MKS Inc. agreed to sell its Ophir Optics unit to TTM Technologies for $650 million in cash, targeting completion in Q2 2027. Originally reported by TokenPost.
MKS Agrees to Sell Ophir Optics
MKS Inc. agreed to sell its Ophir Optics unit to TTM Technologies for $650 million in cash, transferring a business that serves defense, security and industrial customers.
Targeting Q2 2027 Completion
The companies are targeting a close in the second quarter of 2027, subject to regulatory approvals and other customary conditions.
Ophir Optics Business Details
Ophir Optics provides high-precision infrared thermal imaging and laser optics solutions. The transaction excludes Ophir Instruments, MKS’ separate laser-characterization business, and the Ophir brand.
The headline
MKS Inc. agreed to sell its Ophir Optics unit to TTM Technologies for $650 million in cash, targeting completion in Q2 2027.
