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CYBEROPTICS

Acquired by

NORDSON CORPORATION

UNITED STATES Hardware & Electronics EV [100m USD - 500m USD] 08/2022

Target

CYBEROPTICS

Acquirer

NORDSON CORPORATION

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.

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 premium to the 13.6x average currently observed in the TMT (Tech, Media, Telecom) sector.

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.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2021
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2020
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Other operations with CYBEROPTICS

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.