Acquiring Company
Arxis
Acquired Company
Omnetics Connector Corporation
BloomfieldMinneapolisManufacturingInformation TechnologySoftwareCyber SecurityManufacturingDescription
Arxis, Inc. has announced its acquisition of Omnetics Connector Corporation in an all-stock transaction, plus the completion of its cash acquisition of MagCanica. The total purchase price for both acquisitions is approximately $890 million. These moves are aimed at expanding Arxis' capabilities in critical sectors like defense and aerospace.
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Frequently asked
Who acquired Omnetics Connector Corporation?
Omnetics Connector Corporation was acquired by Arxis, based in Bloomfield. The deal was reported on June 2, 2026. Arxis is a leading designer and manufacturer of proprietary, mission-critical electronic and mechanical components for aerospace and defense, medical technology, and specialized industrial markets. Arxis is publicly traded (ARXS) and operates in Manufacturing.
When did Arxis acquire Omnetics Connector Corporation?
Arxis's acquisition of Omnetics Connector Corporation was reported on June 2, 2026. Arxis, Inc. has announced its acquisition of Omnetics Connector Corporation in an all-stock transaction, plus the completion of its cash acquisition of MagCanica. The total purchase price for both acquisitions is approximately $890 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Omnetics Connector Corporation do?
Omnetics is a leading designer and manufacturer of proprietary high-reliability connectors used in critical applications for defense, aerospace, and medical sectors. It is privately held, operating in Manufacturing, and is based in Minneapolis.
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