Amphenol Corp. (APH), a provider of high-technology interconnect, antenna and sensor solutions, has agreed to acquire MTS Systems Corp. (MTSC) for for $58.50 per share in cash, or about $1.7 billion, the two companies said Wednesday. The deal value includes the assumption of outstanding debt and liabilities, net of cash.
MTS Systems is a supplier of test systems, motion simulators and precision sensors.
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