Mergers & Acquisitions ·
Arxis acquires Omnetics for $770M enterprise value, issuing 13.4M shares
ARXSArxis, Inc.
Arxis closed its acquisition of Omnetics Connector Corporation on August 17, 2026, at an agreed enterprise value of $770 million. The company issued 13,351,964 shares of Class A common stock to former Omnetics shareholders and funded $8.0 million in cash escrow accounts. Preliminary purchase consideration totaled approximately $777 million, with the excess allocated to goodwill and identifiable intangible assets including customer relationships and developed technology. This acquisition expands Arxis's capabilities in high-reliability connectors for defense, aerospace, and medical applications.