🟢 TTM Technologies is trading 4.6% up today after $650 million deal for MKS’s Ophir Optics

TTM Technologies is trading 4.6% higher at $99.50 after agreeing to acquire MKS’s Ophir Optics business for $650 million in cash.

• The deal adds infrared and laser optics capabilities for defense, security, and industrial applications.
• Expected to close in the second quarter of 2027, subject to approvals; reporting linked the deal to positive investor response, with TTM shares up 6.4% premarket.
• A broader technology-sector rebound may support the gain, but the acquisition is the clearest company-specific catalyst.