Amphenol Finalizes $1.7 Billion Acquisition of MTS Systems
Amphenol Corporation (amphenol.com) announced plans to acquire MTS Systems Corporation (mts.com), a leading sensor manufacturer based in Eden Prairie, Minnesota. The transaction, valued at $1.7 billion, was approved by both companies’ boards of directors. This move strengthens Amphenol’s presence in the global sensor and testing markets.
Expanding Sensor Capabilities and Product Range
MTS Systems reported $895 million in revenue last year, ranking as Minnesota’s 30th-largest publicly traded company according to Business Journal research. Amphenol, which generated $8.2 billion in 2019 sales, continues to grow through strategic acquisitions that enhance its advanced technology portfolio.
Through this acquisition, Amphenol gains access to MTS’s innovative sensor technologies, which complement its existing product lines. The company stated that this integration creates one of the industry’s broadest ranges of sensors and sensor-based solutions, serving industrial, automotive, aerospace, and measurement applications globally.
Strengthening Test and Simulation Potential
MTS Systems operates two key business segments—Sensors and Test & Simulation. Amphenol emphasized that while the sensor division will immediately expand its own offerings, the test and simulation segment also brings valuable long-term growth opportunities. With MTS’s advanced simulation systems, Amphenol can further support clients focused on performance, reliability, and efficiency testing.
