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AI brief of an SEC Form 8-K · MKS Instruments (MKSI)

MKS to sell Ophir Optics business to TTM Technologies for $650 million

Neutral Impact 4 of 5 m&a

MKS Inc. has agreed to sell its Ophir Optics business to TTM Technologies for $650 million in cash, subject to customary closing adjustments. The company says the proceeds will help strengthen its balance sheet, and the deal is expected to close in the second quarter of 2027, subject to regulatory approvals and governmental consents.

Key points

  • Purchase price is $650 million in cash, subject to customary closing adjustments
  • The price is an estimated multiple of over 18x projected FY 2026 Adjusted EBITDA for Ophir Optics
  • Excludes the Ophir Instruments laser characterization business and the Ophir brand
  • Expected to close in the second quarter of 2027; J.P. Morgan is exclusive financial advisor

The filing

CompanyMKS Instruments (MKSI)
Form8-K, current report
Filed with the SECOct 19, 2026, 8:17 AM ET
Accession number0001193125-26-424709

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:18 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.