TTM Technologies, Inc. Completes Acquisition of Anaren, Inc.
TTM Technologies, Inc. (TTMI)
Last ttm technologies, inc. earnings: 4/29 04:05 pm
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Source: GlobeNewswire
COSTA MESA, Calif., April 18, 2018 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ:TTMI) (“TTM”), a leading global printed circuit board (“PCB”) manufacturer, announced today that it has completed its acquisition of Anaren, Inc. (“Anaren”). The combined company had pro-forma 2017 revenue of $2.9 billion. The acquisition combines TTM’s strength in PCB manufacturing with Anaren’s radio frequency (“RF”) design capability and a product portfolio of unique and proprietary RF components and subsystems for the Aerospace & Defense and Networking/Communication end markets. The combined company will be strongly positioned to benefit from the expected increase in spending for advanced radar technology in the Aerospace & Defense market and 5G technology in the wireless infrastructure market. TTM has identified $15 million in pre-tax, run rate, cost synergies which are expected to be realized within the first two years after closing and expects this transaction to be immediately accreti
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- 3/1/24 - Form PRE
- TTMI's page on the SEC website