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MKS agrees to sell Ophir Optics business to TTM Technologies for $650 million

PUBT·10/19/2026 12:31:18
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MKS agrees to sell Ophir Optics business to TTM Technologies for $650 million
  • MKS agreed to sell its Ophir Optics business to TTM Technologies for $650 million in cash, subject to customary closing adjustments.
  • The price represents more than 18 times the business’s projected fiscal 2026 adjusted EBITDA.
  • Ophir Optics provides infrared thermal imaging and laser optics solutions for defense, security and industrial applications.
  • Closing is expected in the second quarter of 2027, subject to customary closing conditions.
  • The sale excludes the Ophir Instruments laser characterization business and the Ophir brand.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MKS Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-424709), on October 19, 2026, and is solely responsible for the information contained therein.