Dan’s Biz Bookshelf: 'This Is Strategy: Make Better Plans'
The Chemical Connection: Reducing Defects in Circuit Board Production
It’s Only Common Sense: Trust Is All You Need
Amphenol Completes Acquisition of MTS Systems
April 7, 2021 | Amphenol CorporationEstimated reading time: 1 minute
Amphenol Corporation, a leading global provider of high-technology interconnect, antenna and sensor solutions, announced that it has completed its acquisition of MTS Systems Corporation (MTS). In connection with the close of the transaction, MTS common stock will cease to trade on the NASDAQ.
“We are excited to have completed our acquisition of MTS and to welcome the talented MTS team to the Amphenol family,” said R. Adam Norwitt, Amphenol’s President and CEO. “The combined strength and breadth of our companies’ highly complementary sensor product portfolios will allow us to offer our customers an expanded array of innovative technologies across multiple end markets. We look forward to the new opportunities created by the collective strengths of Amphenol and MTS Sensors as we further capitalize on the long-term growth potential of the electronics revolution.”
Amphenol expects the MTS Sensors business to add approximately $350 million in sales in the first twelve months after closing. As previously disclosed, MTS Sensors is expected to be $0.05 accretive to Amphenol’s earnings per share in the first twelve months after closing, which excludes acquisition-related expenses and reflects the Company’s recent 2-for-1 stock split.
As previously announced, Amphenol has entered into an agreement to sell the MTS Test & Simulation business to Illinois Tool Works Inc. (NYSE: ITW). The agreed sale price for the transaction is $750 million, subject to certain post-closing adjustments and excluding transaction-related expenses. The sale of the Test & Simulation business is expected to close following the receipt of all required regulatory approvals. Until that time, Amphenol will account for and report the Test & Simulation business as a discontinued operation.
Amphenol plans to further discuss the MTS acquisition on its first quarter earnings call, scheduled for April 28, 2021.
Share on:
Suggested Items
Target Condition: From Dream House to Drill Files
06/05/2025 | Kelly Dack -- Column: Target ConditionIf you caught the movie “Barbie,” you may have laughed at its over-the-top utopia where every day begins with perfect weather, perfect smiles, and a perfectly pink commute. But beyond the plastic glam, the film subtly critiques the illusion of perfection—a message that feels surprisingly relevant to the world of PCB design and manufacturing.
Datest Receives Its 16th AS9100D Recertification Audit
06/03/2025 | DatestDatest, a trusted leader in advanced testing, engineering, inspection, and failure analysis services, proudly announces sixteen straight years of aerospace-grade perfection. Cue the confetti cannons (ESD-safe, of course).
The Chemical Connection: Reducing Defects in Circuit Board Production
06/04/2025 | Don Ball -- Column: The Chemical ConnectionWe all agree that in any manufacturing process, reducing defects in your product induced during manufacture (aka increasing yields) is a good thing. Doing so, however, can be a source of contention and frustration. I don’t pretend to be an expert in this field, because most of my work involves feasibility studies for new concepts or testing improvements made to existing equipment. High yields were usually not a factor; it’s simply about having enough data to prove or disprove a concept or seeing whether improvements to equipment design actually work. However, here are some observations I made visiting quality shops where high production at high yields was important.
atg Luther Maelzer Announces Grand Opening of New Office and Manufacturing Facility
06/02/2025 | atg Luther & Maelzer GmbHAtg Luther Maelzer, a leading supplier of electrical testing solutions for the PCB industry, recently celebrated with a grand opening of their new office and manufacturing facility in Wertheim, Germany.
It’s Only Common Sense: Trust Is All You Need
06/02/2025 | Dan Beaulieu -- Column: It's Only Common SenseTrust is all you need, and the best way to build it is by showing that others have placed their faith in you. This is where social proof becomes a game-changer. Social proof is a psychological phenomenon that influences people to follow others’ actions, especially in uncertain situations. By leveraging social proof, businesses can attract customers and close deals more efficiently. Here’s how to incorporate social proof into your strategy and watch your closing rate soar.