MTS Shareholders Approve Merger with Amphenol

EDEN PRAIRIE, Minn., March 4, 2021 /PRNewswire/ — MTS Systems Corporation (Nasdaq: MTSC) (“MTS”) today announced that, based on the preliminary voting results from a special meeting of shareholders held today, MTS’ shareholders have approved the adoption of the previously announced merger agreement relating to the proposed transaction between MTS and Amphenol Corporation (NYSE: APH)... Read more

ITW to Acquire MTS Test & Simulation Business From Amphenol

Company Release – 1/19/2021Download the PDF version PDF Format (opens in new window)PDF 112 KB GLENVIEW, Ill. and WALLINGFORD, Conn., Jan. 19, 2021 (GLOBE NEWSWIRE) — Illinois Tool Works Inc. (NYSE: ITW), a global multi-industrial manufacturing leader, and Amphenol Corporation (NYSE: APH), a leading global provider of high-technology interconnect, antenna and sensor solutions, today announced that they... Read more

Amphenol Corporation to Acquire MTS Systems

WALLINGFORD, Conn. & EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–Dec. 9, 2020– Amphenol Corporation (NYSE: APH) (“Amphenol”), a leading global provider of high-technology interconnect, antenna and sensor solutions, and MTS Systems Corporation (Nasdaq: MTSC) (“MTS”), a leading global supplier of advanced test systems, motion simulators and precision sensors, today announced that they have entered into a definitive agreement... Read more

MTS Awarded Contracts Valued At $2.5 Million For New Electric Systems

EDEN PRAIRIE, Minn., Nov. 10, 2020 /PRNewswire/ — MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of advanced test systems, motion simulators and precision sensors, today announced new awards for two electrically actuated systems totaling $2.5 million in contractual value. MTS will utilize electric technologies to design an improved helicopter pilot training system, featuring more... Read more

MTS Awarded $7 Million Contract For Tire Test Systems

EDEN PRAIRIE, Minn., Oct. 27, 2020 /PRNewswire/ — MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of advanced test systems, motion simulators and precision sensors, today announced that it will provide two state-of-the-art tire testing systems to a global tire manufacturer to help optimize designs for electric and fuel-efficient vehicles. The contract is valued... Read more

MTS Receives Outstanding Achievement Award for Workplace Safety

EDEN PRAIRIE, Minn., Oct. 12, 2020 /PRNewswire/ — MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of advanced test systems, motion simulators and precision sensors, today announced receipt of an award recognizing outstanding results in workplace health and safety. MTS will receive an Outstanding Achievement Award from the Minnesota Safety Council during the Governor’s Safety... Read more

MTS Awarded Two Contracts Valued At $17 Million Collectively

EDEN PRAIRIE, Minn., Oct. 1, 2020 /PRNewswire/ — MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of advanced test systems, motion simulators and precision sensors, today announced two new awards for its test and simulation business totaling $17 million in contractual value. MTS will partner with a leading multi-national engineering and manufacturing conglomerate to provide... Read more

MTS Reports Fiscal 2020 Third Quarter Financial Results

EDEN PRAIRIE, Minn., Aug. 3, 2020 /PRNewswire/ — MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of advanced test systems, motion simulators and precision sensors, today reported financial results for its fiscal year 2020 third quarter ended June 27, 2020.  THIRD QUARTER FINANCIAL AND OPERATING HIGHLIGHTS  Positive operating cash flow of $16.0 million Backlog of $451.4 million,... Read more