00:00TTM Technologies jumped 5.43% today after announcing O4Optics deal.
00:07TTM Technologies manufactures custom printed circuit boards, radio frequency components,
00:14and complex electronic assemblies for aerospace, defense, and industrial equipment makers.
00:21TTM Technologies gained 5.4% today after announcing an agreement to acquire MKS's
00:28O4Optics business. Next, the company's SEC filing confirmed an approximately $650 million
00:37all-cash transaction and said the deal was expected to be immediately accretive to adjusted
00:43EBITDA margin and non-GAAP diluted EPS. Yahoo also reported that shares rose in pre-market trading.
00:51Why it matters. The deal gives investors a company-specific growth story
00:56beyond the broader technology rebound. Technology rose 1.36% today, so this went much further
01:04than the sector did. More on TTMI, full recap linked.
