Arxis Acquires Omnetics Connector for $890M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 02 2026
0mins
Arxis has entered into a definitive agreement to acquire Omnetics Connector, a designer and manufacturer of proprietary Micro-D-Sub and Nano-D-Sub connectors and interconnect assemblies used in critical defense and space, commercial aerospace, and medical applications. Omnetics, headquartered in Minneapolis, Minnesota, maintains positions across defense and space, commercial aerospace, and medical technology platforms where size, weight, and reliability are mission critical. Omnetics is currently privately held and owned by its long-term shareholders. In addition, Arxis acquired MagCanica, a designer and manufacturer of non-contact, high-precision torque sensors that operate under extreme conditions. MagCanica was previously owned by its founders and employees. The combined purchase price is approximately $890M, representing 12x FY27 estimated adjusted EBITDA.
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About ARXS
Arxis, Inc. is a designer and manufacturer of proprietary, mission-critical electronic and mechanical components engineered for performance in extreme environments. Its segments include Electronic Components and Mechanical Components. Electronic Components segment provides specialized, highly engineered electronic components and interconnect solutions, including connectors, cable assemblies, microelectronic packaging, RF and microwave products, power products, sensors, capacitors and resistors. Mechanical Components provides precision and self-lubricating bearings, seals, springs, gaskets and ducting, and radar absorbing materials. It serves customers across similarly demanding and attractive end markets, including medical technology, high-end semiconductor testing, analytical devices, industrial automation and other specialized industrial sectors. It operates 72 specialized manufacturing facilities globally across North America, Europe and Asia, with a focus on domestic manufacturing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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