Businessglobal-economy
TTM Technologies Acquires Ophir Photonics Optics Division for $650M
TTM Technologies has announced a major acquisition, purchasing the optics division of Ophir Photonics for $650 million. This strategic business move highlights consolidation and growth within the specialized photonics and manufacturing sectors. However, the transaction comes with specific exclusions. The Jerusalem-based company's laser division and the famous Ophir brand itself will remain with the parent corporation, MKS.