Nordson to acquire CyberOptics for $54/share

Aug. 08, 2022 7:53 AM ETNordson Corporation (NDSN)By: Preeti Singh, SA News Editor1 Comment

merger acquistion


  • Nordson (NASDAQ:NDSN) has agreed to acquire CyberOptics (NASDAQ:CYBE) in an all-cash transaction valued at $54/share, or ~$380M net of cash acquired
  • The purchase price represents a 47% premium to CyberOptics (CYBE) average closing stock price over the last 30 days and a 11% premium to its 52-week high closing price.
  • Headquartered in Minneapolis, Minnesota, CyberOptics (CYBE) develops high-precision 3D optical sensing technology solutions and generates ~$100M in annual revenue.
  • The acquisition will elevate Nordson's (NDSN) test and inspection platform, providing differentiated technology that expands its product offering in the semiconductor and electronics industries.
  • The deal has been unanimously approved by CyberOptics (CYBE) board of directors. It is expected to close in Nordson's (NDSN) first quarter fiscal 2023, pending applicable regulatory and shareholder approvals.

Recommended For You

Comments (1)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.