TTM Technologies agreed to pay about $650 million in cash for Ophir Optics. The purchase adds a business, but the filing gives no sales or profit details, and closing still needs approval, so its outlook is unchanged based on this filing.
The added business could widen TTM's operations, but the company must pay cash for it. The filing gives no sales or profit details to show what TTM gains. Closing still needs approvals, so this filing alone does not change the company's outlook.
MKS agreed to sell Ophir Optics to TTM for about $650 million in cash. It receives cash but gives up the business, and the filing gives no details on what that means for its sales or profit, so its outlook is unchanged based on this filing.
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