Lee John Tseng-Chung sold $3.0M of MKSI

TTM Technologies (TTMI) announced over $1 billion in investments, including a $650 million acquisition of MKS Inc.'s Ophir Optics unit and a $400 million expansion in China and Malaysia. The company reported strong Q3 earnings but saw a 29% share drop due to debt concerns. TTM's growth is driven by AI and defense demand, with shares up 77% over 12 months.

TTM Technologies (TTMI) will acquire MKS Inc.'s Ophir Optics for $650M, including facilities in Romania and Israel. The deal, expected to close in Q2 2027, expands TTM's optical solutions for defense and industrial uses. TTM plans to finance the acquisition with cash, future cash flow, and borrowings. MKS aims to reduce debt and focus on core businesses.

TTM Technologies (TTMI) agreed to acquire Ophir Optics from MKS Inc. (MKSI) for $650M, payable in cash. The deal, expected to close in Q2 2027, is valued at 18x the target's 2026 EBITDA. TTM plans to fund the acquisition through cash, future cash flow, and borrowings. The transaction is expected to be immediately accretive to TTM's EBITDA margin and non-GAAP EPS.

MKS Incorporated (MKSI) agreed to sell its Ophir Optics unit to TTM Technologies (TTMI) for $650M in cash. MKSI shares rose 6.1% and TTMI shares advanced 6.4% in premarket trading. The deal is expected to close in Q2 2027, subject to approvals.

TTM Technologies (TTMI) will acquire MKS's (MKSI) Ophir Optics for $650M in cash. The deal, expected to close in Q2 2027, will be funded by cash, future cash flow, and borrowings. It is expected to boost TTMI's EBITDA margin and earnings per share. Ophir Optics makes infrared and laser optics for defense, security, and industrial uses.

MKS (MKSI) agreed to sell its Ophir Optics business to TTM Technologies for $650 million in cash, expected to close in Q2 2027. The deal values Ophir at over 18x projected FY2026 Adjusted EBITDA, excluding Ophir Instruments and the Ophir brand.