Benzinga | Jan 19, 2021 08:06AM EST

ITW To Acquire MTS Test & Simulation Business From Amphenol; Terms Not Disclosed

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 have entered into an agreement under which ITW will acquire MTS Systems Corporation's (NASDAQ:MTSC) Test & Simulation business, following the closing of Amphenol's acquisition of MTS.