On October 19, TTM said it signed a definitive agreement to buy MKS' Ophir Optics business for approximately $650 million in cash, subject to closing adjustments. The infrared and laser-optics business operates in Israel and Romania. The transaction has not closed; TTM expects completion in the second quarter of 2027, subject to regulatory and other conditions. MKS' separate Ophir Instruments laser-measurement business and the Ophir brand are not included.
GLOBAL IMAGING BRIEF
Analysis: If completed, the deal would extend TTM's defense and industrial portfolio into precision infrared and laser optics. Customers should treat the proposed transaction as pending until closing and verify any supply-chain changes separately.
Original source
TTM's October 19, 2026 announcement and SEC filing describe a proposed acquisition, not a completed purchase.