Nordson to Acquire 3D Optical Sensing Technology Firm CyberOptics for USD 380m.

MANews-(C)2009-2022

Ohio, US-based precision technology company Nordson Corp. (NASDAQ: NDSN) has signed a definitive agreement for the acquisition of Minnesota-based 3D optical sensing technology solutions provider CyberOptics Corp. (NASDAQ: CYBE), for USD 380m, the company said.

The all-cash transaction is valued at USD 54.00 a share, reflecting a valuation of 18.5 times CyberOptics trailing twelve months EBITDA, and 14.5 times net of cost synergies. The transaction is expected to close in Nordson's first quarter fiscal 2023, pending applicable regulatory and shareholder approvals.

The acquisition enhances Nordson's test and inspection platform, providing differentiated technology that expands Nordson's product offering in the semiconductor and electronics industries.

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