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TTM Technologies to Acquire MKS’s Ophir Optics Business for $650 Million

TTM Technologies agreed to acquire MKS’s Ophir Optics business for about $650 million in cash.

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TTM Technologies has agreed to buy MKS’s infrared thermal imaging and laser optics solutions business for about $650 million in cash. The company said Monday that the acquisition of MKS’s Ophir Optics business is intended to expand its offerings for defense and industrial customers. Israel…