TTM Technologies closes $1.1B all-cash buy of Epiq Solutions
TTM Technologies completed its acquisition of EPIQ Design Solutions for $1.1 billion in cash, subject to customary closing adjustments. Epiq supplies open-architecture, AI-enabled software-defined radios, high-performance RF products and radiation-tolerant space compute used in signals intelligence and electronic warfare. TTM expects the business to be immediately accretive to adjusted EBITDA and accretive to non-GAAP EPS in 2028.
Why it matters: It pushes TTM further up the value chain in defense electronics, where long-cycle programs command premium multiples.
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