TTM Technologies, Inc. was founded in 1998 by Kent Alder in
Redmond, Washington, via an acquisition of Pacific Circuits, Inc., and moved to
Santa Ana, California, in 1999, after acquiring Power Circuits, Inc. Alder was previously the president of Lundahl Astro Circuits, Inc. in
Logan, Utah, from 1987, and president and
CEO of its successor ElectroStar, Inc. from 1994. After ElectroStar was acquired by the
Tyco Printed Circuit Group in 1996, Alder served as that company's vice president before departing to found TTM. TTM's original business was manufacturing
printed circuit boards (PCBs) used in
routers,
switches,
servers and
memory modules, and its customers included
General Electric,
Motorola, and
Solectron. Meadville Printed Circuit Group for $521 million, which expanded the company's footprint in Asia and extended its business to PCBs used in smartphones and tablets. In 2013, Tom Edman succeeded Alder as president of TTM, and in 2014 also succeeded him as CEO on Alder's retirement. In 2018, TTM acquired
Anaren, Inc. for $775 million, expanding to high-frequency radio and
microwave microelectronics used in the space, defense, and telecommunications industries. In 2019, TTM acquired
intellectual property assets from i3 Electronics, Inc., citing a particular interest in i3's technology enabling very fine printed lines and spacing down to 25
microns. In 2020, TTM sold its mobile device business unit, comprising four facilities in China, to AKM Meadville Electronics (Xiamen) Co., Ltd., for $550 million. Also in 2020, TTM closed down its commercial assembly business unit, comprising three facilities in China. In 2022, TTM acquired Telephonics Corporation from
Griffon Corporation for $330 million, further expanding its operations in aerospace and defense. ==Operations==