mynth
08/2022

CYBEROPTICS acquired by NORDSON CORPORATION

UNITED STATES Hardware & Electronics / Electronic Components / Sensors & Optics EV 300M - 700M USD

Context

Nordson Corporation has finalized the acquisition of CyberOptics Corporation, an operation designed to fundamentally strengthen the group's Advanced Technology Solutions segment. The strategic rationale for this transaction centers on a "technology-differentiation" play, merging the target's industry-leading 3D optical sensing and wireless measurement sensors with Nordson's existing global sales and service infrastructure. This fusion effectively creates a specialized powerhouse in the semiconductor metrology arena, providing the group with the necessary technical operational depth to address the increasing complexity of wafer fabrication and electronic packaging.

By taking control of Cyberoptics, Nordson Corporation continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Ndc Technologies in 2021.

CYBEROPTICS, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

CyberOptics Corporation operates as a premier technology organization dedicated to the engineering and distribution of high-precision 3D optical sensing solutions. The entity’s business model is centered on a proprietary framework of inspection and metrology systems designed to enhance yields and productivity in the semiconductor and surface mount technology (SMT) markets. Its value proposition is anchored in technical operational depth, utilizing its world-class Multi-Reflection Suppression™ (MRS™) sensor technology to inhibit optical measurement distortions and reflections. Strategically, the firm focuses on providing mission-critical hardware and software for advanced wafer fabrication, alongside its WaferSense® wireless sensors for diagnostic tool setup. By maintaining a specialized focus on speed and sub-micrometer accuracy, the organization ensures a vital role in the structural efficiency of high-density electronic component manufacturing. The entity prioritizes industrialized technical innovation to facilitate the structural advancement of complex semiconductor packaging and assembly processes worldwide.

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Historical Financials (USD)

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REFERENCES

Valuation range: EV 300M - 700M USD

Revenue range: 100M - 200M USD

EBITDA range: 10M - 30M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CYBEROPTICS by NORDSON CORPORATION are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Acquirer: nordson corporation