(Newport Corp.: Irvine, CA) -- Newport Corp. has signed a definitive agreement to acquire Ophir Optronics Ltd., a global leader in precision infrared optics, photonics instrumentation, and 3-D noncontact measurement equipment. The consideration to be paid by Newport is $8.43 per share, or a total of approximately $230 million in cash. The transaction is expected to close during the fourth quarter of 2011, subject to receiving required regulatory approvals, the approval of Ophir’s shareholders, and other customary closing conditions. Newport expects the transaction to be immediately accretive to its earnings following the closing.

 …