Tag Archives: mts

Amphenol and MTS Systems today announced that they have entered into a definitive agreement under which Amphenol will acquire MTS for $58.50 per share in cash, or approximately $1.7 billion, including the assumption of outstanding debt and liabilities, net of cash. “We have long admired MTS’s technology and position across …

MTS Systems has received new contracts for two electrically actuated systems totalling $2.5 million in value. MTS will utilise electric technologies to design an improved helicopter pilot training system, featuring more realistic motion simulation. In a separate contract, MTS will provide its proprietary damper test system to a leading automotive …

MTS will provide two state-of-the-art tyre testing systems to a global tyre manufacturer to help optimise designs for electric and fuel-efficient vehicles. The contract is valued at $7 million and is the company’s largest customer order in India, underscoring MTS’ continued focus to expand its presence in key global markets. “Environmental sustainability initiatives …

MTS has been recognised for outstanding results in workplace health and safety. MTS will receive an Outstanding Achievement Award from the Minnesota Safety Council during the Governor’s Safety Award ceremony at the virtual MN/SD Safety & Health Conference later this month. Since 1934, the Governor’s Safety Awards program has recognised …

MTS has 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 a fault ride through tester for its offshore wind business. This first-of-a-kind solution will help maintain power generation stability …

MTS has announced that its Board of Directors has unanimously elected Randy J. Martinez as Interim President and Chief Executive Officer, effective May 23, 2020. Mr. Martinez, a seasoned executive who has served as an independent director on the Company’s Board since March 2014, will succeed Dr. Jeffrey A. Graves, …

MTS Systems Corporation has been awarded the largest single order in its 54-year history, valued at over $70 million, to design, manufacture and install two of the world’s largest, and most advanced seismic simulation systems at Tianjin University, one of the oldest and most prestigious universities in China. The project …

MTS has announced a strategic alliance with Auburn University to accelerate additive manufacturing research and test development. Auburn University is home to the National Centre for Additive Manufacturing Excellence (NCAME), which is a founding partner of the ASTM International Additive Manufacturing Center of Excellence (AM CoE). As part of the …

MTS Systems Corporation has acquired the operating entities of R&D, including R&D Test Systems, R&D Engineering, R&D Steel, R&D Prague, RGDK Engineering Private Limited and R&D Tools and Structures (collectively, “R&D”). R&D brings the following to the MTS portfolio: Significantly expands MTS Test & Simulation technology base and market presence …

MTS Systems Corporation, a leading global supplier of high-performance test systems, motion simulators and sensors, has announced that Dr. Jeffrey Graves, President and CEO, will make a presentation to the investment community at the Baird 2019 Global Industrial Conference on Thursday, November 7, at 11:00 a.m. CT, at the Four Seasons Hotel …