MKS Inc. to Sell Its Ophir® Optics Business to TTM Technologies, Inc.
MKS has agreed to sell its Ophir Optics business to TTM Technologies in an all-cash $650 million deal, representing over 18x projected FY2026 Adjusted EBITDA. The divested unit supplies infrared thermal imaging and laser optics for defense, security, and industrial customers; the Ophir Instruments laser characterization business and Ophir brand are excluded and remain with MKS. CEO John T.C.
Key figures
- Deal Value Usd
- 650000000
- Expected close
- Q2 2027
- Ebitda multiple
- over 18x projected FY 2026 Adjusted EBITDA
AI analysis
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