Common Stock, no par value
- Symbol
- MKSI
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 8.01, 9.01 · 8-K
MKSINASDAQEQUITYCurrent
Item 8.01 Other Events. On October 19, 2026, MKS Inc. (the "Company" or "MKS") issued a press release announcing that it has entered into a definitive agreement pursuant to which the Company will sell its Ophir® Optics business to TTM Technologies, Inc. ("TTM") in an all-cash transaction for $650 million, subject to customary closing adjustments (the "Transaction").…
Press release in this filing
MKS Inc. to Sell Its Ophir® Optics Business to TTM Technologies, Inc. →MKS Inc. (NASDAQ: MKSI) enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. We apply our broad science and engineering capabilities to create instruments, subsystems, systems, process control solutions and specialty chemicals technology that improve process performance, optimize productivity and enable unique innovations for many of the world’s leading technology and industrial companies. Our solutions are critical to addressing the challenges of miniaturization and complexity in advanced device manufacturing by enabling increased power, speed, feature enhancement, and optimized connectivity. Our solutions are also critical to addressing ever-increasing performance requirements across a wide array of specialty industrial applications. Additional information can be found at www.mks.com.
MKS INC. · 8-K · Filed 2026-10-19
Exhibit 99.1 MKS Inc. to Sell Its Ophir® Optics Business to TTM Technologies, Inc. ANDOVER, Mass., October 19, 2026 (GLOBE NEWSWIRE) - MKS Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced that it has entered into a definitive agreement to sell its Ophir® Optics business to TTM Technologies, Inc. (“TTM”) in an all-cash transaction for $650 million, subject to customary closing adjustments. The purchase price represents an estimated multiple of over 18x projected FY 2026 Adjusted EBITDA for the Ophir Optics business. The Ophir Optics business provides high-precision infrared thermal imaging and laser optics solutions to customers in MKS’ Specialty Industrial market, serving defense, security and industrial applications. TTM is a leading global manufacturer of technology products, including mission systems, radio frequency ("RF") components, RF microwave/microelectronic assemblies, and technologically advanced interconnect products, including printed circuit boards and substrates. “The Ophir Optics business highlights how we can apply our broad technology capabilities to serve attractive opportunities outside our core Semic…
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