Item 8.01 - Other Events. On October 19, 2026, TTM Technologies, Inc. (the “Company”) announced that it had entered into a definitive agreement to acquire (the “Proposed Acquisition”) the Ophir® Optics business (“Ophir Optics”) from MKS Inc. for approximately $650 million in an all-cash transaction, subject to customary closing adjustments (the “Press Release”).…
Filed Oct 19, 2026Accepted Oct 19, 2026, 8:16 AM EDTCIK 1116942Accession 0001193125-26-424707
TTM Technologies, Inc. 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 PCBs and substrates. TTM stands for time-to-market, representing how TTM’s time-critical, one-stop design, engineering and manufacturing services enable customers to reduce the time required to develop new products and bring them to market. Additional information can be found at www.ttm.com.
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Item 8.01Item 8.01 - Other Events
Item 8.01 - Other Events.
On October 19, 2026, TTM Technologies, Inc. (the “Company”) announced that it had entered into a definitive agreement to acquire (the “Proposed Acquisition”) the Ophir® Optics business (“Ophir Optics”) from MKS Inc. for approximately $650 million in an all-cash transaction, subject to customary closing adjustments (the “Press Release”). The Proposed Acquisition does not include the Ophir Instruments laser characterization business of MKS Inc., which operates separately from Ophir Optics, or the sale of the Ophir brand.
The Proposed Acquisition is expected to close in the second quarter of 2027 and is subject to customary closing conditions, including certain regulatory approvals. A copy of the Press Release announcing the Proposed Acquisition is attached to this Current Report on Form 8-K (this “Report”) as Exhibit 99.1 and is incorporated herein by reference.
Cautionary Note Regarding Forward-Looking Statements
This Report, including Exhibit 99.1, contains forward-looking statements that relate to future events, including the receipt of required regulatory approvals in connection with the Proposed Acquisition. The Company cautions you that such statements are simply predictions and actual events or results may differ materially. These statements reflect the Company’s current expectations, and the Company does not undertake to update or revise these forward-looking statements, even if experience or future changes make it clear that any projected results expressed or implied in this Report or other Company statements will not be realized. The statements also involve risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results to differ materially from the forward-looking statements. For a description of additional factors that may cause the Company’s actual events or results to differ from any forward-looking statements, please review the information set forth in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s public reports filed with the Securities and Exchange Commission.
Filed exhibits (1)
EX-99.1 (by filename) d187690dex991.htm
Exhibit 99.1
Contact:
Sean K.F. Hannan,
Vice President, Investor Relations
Sean. Hannan@ttmtech.com
+1 339 466 7737
TTM Technologies, Inc. Agrees to Acquire MKS Inc.’s Ophir ® Optics Business, Adding Advanced Infrared Optics Capabilities
All-Cash Purchase Price of $650 Million. Expected to be
Immediately Accretive to Adjusted EBITDA
Margin and Non-GAAP Diluted EPS.
SANTA ANA, Calif., October 19, 2026 - TTM Technologies, Inc. (NASDAQ:
TTMI) (“TTM”), a leading global manufacturer of technology products, today announced that it has entered into a definitive agreement to acquire the Ophir Optics business (“Ophir Optics”) from MKS Inc. (NASDAQ: MKSI) for
approximately $650 million in an all-cash transaction, subject to customary closing adjustments. The Ophir Optics business is an Israel and Romania-based manufacturer of high-precision infrared thermal imaging and laser optics solutions,
serving defense, security and industrial applications.
The transaction along with the Company’s previously announced $400M capital and capacity
expansion in Asia, are expected to be funded through a combination of cash on hand and expected future cash flow and borrowings under TTM’s exis…