COSTA MESA, CA – TTM Technologies, Inc. has completed its acquisition of Anaren, Inc. for $775 million, creating a combined company with nearly $3 billion in annual revenue. The acquisition will pair Anaren’s RF components, subsystems, and design expertise with TTM’s PCB manufacturing capabilities. TTM intends to aggressively target 5G wireless infrastructure and the aerospace and defense radar markets.
“I expect that integrating our manufacturing strength with Anaren’s RF engineering talent will enable us to deliver superior value-added solutions to our customers in the aerospace and defense market as well as in the other markets we serve,” says Tom Edman, CEO of TTM. “I also believe that the combination will result in meaningful revenue synergy opportunities created by complementary capabilities that will benefit the customers and employees of both companies.”
Additional information can be found at www.ttmtech.com.
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Brandon is responsible for Embedded Computing Design’s IoT Design, Automotive Embedded Systems, Security by Design, and Industrial Embedded Systems brands, where he drives content strategy, positioning, and community engagement. He is also Embedded Computing Design’s IoT Insider columnist, and enjoys covering topics that range from development kits and tools to cyber security and technology business models. Brandon received a BA in English Literature from Arizona State University, where he graduated cum laude. He can be reached by email at firstname.lastname@example.org.Follow on Twitter More Content by Brandon Lewis