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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Mon., Dec. 9, 9:10 AM

Slide #41. MTS Systems Corporation R&D

Acquirer: MTS Systems Corporation (NASDAQ:MTSC)
Acquiree: R&D
Details: MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high-performance test and simulation systems and sensors, announced today that, on November 22, 2019, it signed a definitive agreement to acquire 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").

MTS Systems supplies test systems and sensors. Co.'s operations are managed in two business segments. The Test segment provides testing solutions including hardware, software and services. Products, service and customers are grouped into three global markets: ground vehicles, materials, and structures. Co.'s Sensors segment is engaged in sensing technologies and solutions used by design engineers and predictive maintenance personnel. Sensors products and solutions serve the automotive, aerospace, industrial, defense, and research and development markets. Products and customers are grouped into four global markets: positional sensors, test sensors, industrial sensors, and systems sensors.

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Company Name:  MTS Systems Corp
Stock buyback:  MTSC buyback
Website:  www.mts.com
Sector:  Electronic Equipment & Products
Number of ETFs Holding MTSC:  43
Total Market Value Held by ETFs:  $200.97M
Total Market Capitalization:  $891.00M
% of Market Cap. Held by ETFs:  22.56%
 

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December 9, 2019    9:10 AM Eastern
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