CYBE - Nordson to acquire CyberOptics for $54/share

• 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.

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