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MTS Systems Corporation

From Wikipedia, the free encyclopedia
MTS Systems Corporation
Company typeSubsidiary of Illinois Tool Works
IndustryScientific & Technical Instruments
FoundedEden Prairie, Minnesota, 1966
HeadquartersEden Prairie, Minnesota
ProductsTesting hardware, Sensing hardware
RevenueIncrease$778.032 million USD (2019)
Increase$65.172 million USD (2019)
Increase $61.328 million USD (2019)
Total assetsIncrease 1.139 billion USD (2019)
Number of employees
3,500
Websitewww.mts.com
Self-tight jaws by MTS

MTS Systems Corporation (MTS) is a supplier of test systems and industrial position sensors. The company provides test and measurement products to determine the performance and reliability of vehicles, aircraft, civil structures, biomedical materials and devices and raw materials. Examples of MTS products include: aerodynamics simulators, seismic simulators, load frames, hydraulic actuators and sensors. The company operates in two divisions: Test and Sensors.

In December 2020, Amphenol Corporation announced it had reached an agreement to acquire MTS in an acquisition completed on April 7, 2021.[1][2] In January 2021, ITW announced it had in turn reached an agreement to acquire the test and simulation business of MTS from Amphenol in the future.[3]

Notable Projects

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References

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  1. ^ Jones, Carter (9 December 2020). "MTS Systems acquired by cable manufacturer for $1.7 billion, stock soars". Minneapolis / St. Paul Business Journal. Retrieved 23 March 2021.
  2. ^ "Amphenol Completes Acquisition of MTS Systems". Businesswire. 7 April 2021. Retrieved 8 April 2021.
  3. ^ "ITW to Acquire MTS Test & Simulation Business From Amphenol". globenewswire.com (Press release). 19 January 2021. Retrieved 23 March 2021.
  4. ^ http://www.wset.com/story/19907077/new-center-showcasing-advanced-tire-testing-machine ["New Center Showcasing Advanced Tire Testing Machine"]
  5. ^ "Lexus shows off World's Most Advanced Driving Simulator". VR-News. 12 Oct 2012. Retrieved 2012-11-02.
  6. ^ "The Fifty Nine Story Crisis", The New Yorker, May 29, 1995 Archived October 6, 2006, at the Wayback Machine
  7. ^ Neumann, Peter G. (26 January 1987). "The Risks Digest". The Risks Digest. 4 (43).
  8. ^ O'Brien, Tim (March 6, 2000). "$70 Million Interactive Ride Set For Universal". Amusement Business. 112 (10): 1, 18.
  9. ^ Emmons, Natasha (March 5, 2001). "No expense spared to wow locals with park attractions". Amusement Business. 113 (9): 18.
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    • Historical business data for MTS Systems Corporation:
    • SEC filings
  • Media related to MTS Systems Corporation at Wikimedia Commons