TTM Technologies, Inc. has agreed to acquire Anaren, Inc. for approximately $775 million in cash from affiliates of Veritas Capital, the Costa Mesa, CA-based company announced December 3. The transaction combines TTM's strength in printed circuit board ("PCB") manufacturing with Anaren's product portfolio of unique and proprietary radio frequency ("RF") components and subsystems for the Aerospace & Defense and Networking/Communication end markets. The combined company will be strongly positioned to benefit from the expected increased spending towards advanced radar technology in the Aerospace & Defense market and 5G technology in the wireless infrastructure market. "TTM has had a long working relationship with Anaren, serving beside them on supplier councils, and has always been impressed with their RF engineering expertise," said Tom Edman, CEO of TTM.