MKS Agrees to Sell Ophir Optics to TTM for $650 Million
MKS entered a definitive deal to sell its Ophir Optics business to TTM Technologies for $650 million in cash. Closing is expected in Q2 2027, subject to customary approvals.
MKS Inc. has entered into a definitive agreement to sell its Ophir Optics business to TTM Technologies for $650M in cash. The deal values the business at more than 18x projected FY26 Adjusted EBITDA. Closing is expected in Q2 2027, subject to customary approvals.