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   <title>Arxis acquires Omnetics and MagCanica for $890 million</title>
   <link>http://www.streetinsider.com/Corporate+News/Arxis+acquires+Omnetics+and+MagCanica+for+%24890+million/26587265.html</link>
   <description>&lt;p&gt;Arxis Inc. (NASDAQ: ARXS) announced it has entered into a definitive agreement to acquire Omnetics Connector Corporation and completed the acquisition of MagCanica Inc. for a combined purchase price of approximately $890 million, representing 12 times fiscal year 2027 estimated adjusted EBITDA.&lt;/p&gt;&lt;p&gt;Omnetics, headquartered in Minneapolis, designs and manufactures Micro-D-Sub and Nano-D-Sub connectors and interconnect assemblies for defense, space, aerospace, and medical applications. The acquisition will be an all-stock transaction subject to lockup provisions and customary regulatory approvals, with closing expected in the third quarter of 2026.&lt;/p&gt;&lt;p&gt;MagCanica, acquired on June 1, 2026, in an all-cash transaction, designs and manufactures non-contact, high-precision</description>
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   <pubDate>Tue, 02 Jun 2026 07:02:13 -0400</pubDate>
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   <title>Arxis acquires Omnetics and MagCanica for $890 million</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Arxis+acquires+Omnetics+and+MagCanica+for+%24890+million/26587265.html</link>
   <description>&lt;p&gt;Arxis Inc. (NASDAQ: ARXS) announced it has entered into a definitive agreement to acquire Omnetics Connector Corporation and completed the acquisition of MagCanica Inc. for a combined purchase price of approximately $890 million, representing 12 times fiscal year 2027 estimated adjusted EBITDA.&lt;/p&gt;&lt;p&gt;Omnetics, headquartered in Minneapolis, designs and manufactures Micro-D-Sub and Nano-D-Sub connectors and interconnect assemblies for defense, space, aerospace, and medical applications. The acquisition will be an all-stock transaction subject to lockup provisions and customary regulatory approvals, with closing expected in the third quarter of 2026.&lt;/p&gt;&lt;p&gt;MagCanica, acquired on June 1, 2026, in an all-cash transaction, designs and manufactures non-contact, high-precision</description>
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   <title>Arxis acquires Omnetics and MagCanica for $890 million</title>
   <link>http://www.streetinsider.com/Hot+Corp.+News/Arxis+acquires+Omnetics+and+MagCanica+for+%24890+million/26587265.html</link>
   <description>&lt;p&gt;Arxis Inc. (NASDAQ: ARXS) announced it has entered into a definitive agreement to acquire Omnetics Connector Corporation and completed the acquisition of MagCanica Inc. for a combined purchase price of approximately $890 million, representing 12 times fiscal year 2027 estimated adjusted EBITDA.&lt;/p&gt;&lt;p&gt;Omnetics, headquartered in Minneapolis, designs and manufactures Micro-D-Sub and Nano-D-Sub connectors and interconnect assemblies for defense, space, aerospace, and medical applications. The acquisition will be an all-stock transaction subject to lockup provisions and customary regulatory approvals, with closing expected in the third quarter of 2026.&lt;/p&gt;&lt;p&gt;MagCanica, acquired on June 1, 2026, in an all-cash transaction, designs and manufactures non-contact, high-precision</description>
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   <title>Arxis acquires Omnetics and MagCanica for $890 million</title>
   <link>http://www.streetinsider.com/Hot+M+and+A/Arxis+acquires+Omnetics+and+MagCanica+for+%24890+million/26587265.html</link>
   <description>&lt;p&gt;Arxis Inc. (NASDAQ: ARXS) announced it has entered into a definitive agreement to acquire Omnetics Connector Corporation and completed the acquisition of MagCanica Inc. for a combined purchase price of approximately $890 million, representing 12 times fiscal year 2027 estimated adjusted EBITDA.&lt;/p&gt;&lt;p&gt;Omnetics, headquartered in Minneapolis, designs and manufactures Micro-D-Sub and Nano-D-Sub connectors and interconnect assemblies for defense, space, aerospace, and medical applications. The acquisition will be an all-stock transaction subject to lockup provisions and customary regulatory approvals, with closing expected in the third quarter of 2026.&lt;/p&gt;&lt;p&gt;MagCanica, acquired on June 1, 2026, in an all-cash transaction, designs and manufactures non-contact, high-precision</description>
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   <pubDate>Tue, 02 Jun 2026 07:02:13 -0400</pubDate>
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   <title>Arxis Announces Acquisitions of Omnetics Connector Corporation and MagCanica Inc.</title>
   <link>http://www.streetinsider.com/Press+Releases/Arxis+Announces+Acquisitions+of+Omnetics+Connector+Corporation+and+MagCanica+Inc./26587179.html</link>
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   <title>Arxis Announces Acquisitions of Omnetics Connector Corporation and MagCanica Inc.</title>
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   <title>Arxis Announces Acquisitions of Omnetics Connector Corporation and MagCanica Inc.</title>
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   <title>Arxis Announces Acquisitions of Omnetics Connector Corporation and MagCanica Inc.</title>
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   <title>Arxis Announces Acquisitions of Omnetics Connector Corporation and MagCanica Inc.</title>
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   <title>Arxis Announces Acquisitions of Omnetics Connector Corporation and MagCanica Inc.</title>
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   <title>Arxis Announces Acquisitions of Omnetics Connector Corporation and MagCanica Inc.</title>
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   <title>Arxis Announces Acquisitions of Omnetics Connector Corporation and MagCanica Inc.</title>
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   <title>Arxis Announces Acquisitions of Omnetics Connector Corporation and MagCanica Inc.</title>
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   <title>Arxis Announces Acquisitions of Omnetics Connector Corporation and MagCanica Inc.</title>
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   <title>Arxis Inc (ARXS) PT Raised to $50 at Morgan Stanley, 'We see a Bull/Bear skew of ~3 to 1'</title>
   <link>http://www.streetinsider.com/Hot+Comments/Arxis+Inc+%28ARXS%29+PT+Raised+to+%2450+at+Morgan+Stanley%2C+%27We+see+a+BullBear+skew+of+%7E3+to+1%27/26570588.html</link>
   <description>&lt;p&gt;Morgan Stanley analyst Kristine Liwag raised the price target on Arxis Inc (NASDAQ: ARXS) to $50.00 (from $44.00) while maintaining a Overweight rating.&lt;/p&gt;&lt;p&gt;The analyst comments &quot;Arxis reported strong 1Q26 results as its first quarter as a public company with revenue and adj. EBITDA ahead of consensus by ~9% and ~12%, respectively. Additionally, ARXS provided 2026 outlook for revenue and adj. EBITDA which was ~5% and ~6% above consensus, respectively. Strong results with 17% organic growth were driven by broad based strength across all end markets including defense, commercial aerospace, medical technology, and semiconductor manufacturing, new business wins, and pricing increases.</description>
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   <pubDate>Fri, 29 May 2026 06:33:06 -0400</pubDate>
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