TTM Technologies Agrees To Acquire Ophir Optics Operations From MKS For ~$650M In Cash

TTM Technologies, Inc. (NASDAQ: TTMI) has announced a definitive agreement to acquire the Ophir Optics business from MKS Inc. (NASDAQ: MKSI) for approximately $650 million in cash. Ophir Optics specializes in high-precision infrared thermal imaging and laser optics solutions, catering to defense, security, and industrial applications. The transaction is subject to customary closing adjustments.