TTM Technologies announced an agreement to acquire Ophir Optics from MKS Inc. for $650 million in cash. Ophir Optics specializes in high-precision infrared thermal imaging and laser optics used in defense, security, and industrial sectors. The acquisition is expected to immediately improve TTM's adjusted EBITDA margin and non-GAAP diluted EPS, with the deal closing anticipated in Q2 2027. This move expands TTM's product portfolio and supports its growth strategy in advanced optical solutions for various platforms and industrial applications.
As of Oct 19, 2026 19:21 WIB, TTM Technologies Inc. (TTMI) shares are trading at USD 99.02 on Pluang, showing a strong 1-day gain of 5.48%. The company holds a market capitalization of $9.89 billion and an enterprise value of $10.49 billion. This notable price increase coincides with the announcement of its acquisition of Ophir Optics, highlighting investor interest in its expanding advanced optics capabilities.
