TTM Technologies acquires Anaren for $775M

TTM Technologies acquired Anaren, a provider of RF products for defense and commercial communications, for $775 million. The deal expands TTM's capabilities in RF design and is expected to be immediately accretive to non-GAAP earnings.

“TTM paid $775 million for Anaren, which boosts TTM's annual revenue from the $739 million reported in 2017 to a pro-forma $2.9 billion.”microwavejournal.com

• 1 source
• microwavejournal.comAnaren Acquired by TTM Technologies for $775M | 2018-04-18 | Microwave JournalWerbel MicrowaveApr 18, 2018

Summarized from public sources; check the original articles before acting on it.