February 6, 2025

Tricia Oak

Business & Finance Excellency

Amphenol Company Announces Acquisition of Halo Technology and Closing of Sale of MTS Exam & Simulation Organization

Amphenol Company Announces Acquisition of Halo Technology and Closing of Sale of MTS Exam & Simulation Organization

WALLINGFORD, Conn.–(Company WIRE)–Amphenol Corporation (NYSE: APH) these days declared that it has acquired Halo Engineering Restricted for approximately $715 million.

Halo is headquartered in Tustin, California with functions in North America and Europe, and is a main provider of energetic and passive fiber optic interconnect parts for the communications infrastructure marketplaces with predicted 2021 income of close to $250 million.

“We are energized to welcome the overall Halo Technological innovation workforce to the Amphenol spouse and children,” stated R. Adam Norwitt, Amphenol’s President and CEO. “Halo’s product or service choices are extremely complementary to our existing large-pace and fiber optic interconnect methods and stand for a substantial prolonged-time period advancement chance for Amphenol. In unique, Halo’s high-technological innovation solutions fortify our supplying to IT and info communications, mobile networks and broadband buyers, all of whom are upgrading their systems and networks to regulate increased data targeted visitors. We look forward to doing work carefully with Halo’s expert management workforce to deliver a broader assortment of interconnect methods to our shoppers close to the world.”

Consistent with the Company’s acquisition technique, Amphenol expects the acquisition to be accretive to earnings for each share in the initial 12 months post closing. Amphenol will offer additional information and facts on the acquisition on its next consistently scheduled earnings phone.

Individually, Amphenol also introduced the closing of the sale of the MTS Exam & Simulation business to Illinois Device Is effective Inc. (NYSE: ITW). Considering the fact that the closing of the MTS Systems Company transaction earlier this calendar year, Amphenol has described the Test & Simulation small business as a discontinued procedure and therefore the closing of the sale will have no influence on Amphenol’s monetary benefits from continuing operations or fourth quarter guidance.

About Amphenol

Amphenol Company is a single of the world’s largest designers, suppliers and marketers of electrical, digital and fiber optic connectors and interconnect units, antennas, sensors and sensor-primarily based products and solutions and coaxial and high-pace specialty cable. Amphenol models, manufactures and assembles its products and solutions at facilities in the Americas, Europe, Asia, Australia and Africa and sells its products by means of its have world wide income pressure, impartial associates and a world-wide network of electronics distributors. Amphenol has a diversified existence as a chief in high-expansion spots of the interconnect current market together with: Automotive, Broadband Communications, Professional Aerospace, Industrial, Facts Technologies and Knowledge Communications, Military services, Cell Products and Mobile Networks. For much more data, pay a visit to https://amphenol.com.

Ahead-Seeking Statements

Statements in this press release which are other than historical points are meant to be “forward on the lookout statements” inside of the indicating of the Securities Exchange Act of 1934, the Private Securities Litigation Reform Act of 1995 and other related legislation. Even though the Company believes these kinds of statements are sensible, the genuine results and effects could differ materially from these now anticipated. Make sure you refer to Element I, Product 1A of the Company’s Kind 10-K for the calendar year ended December 31, 2020, for some elements that could lead to the genuine final results to differ from estimates. In delivering ahead-wanting statements, the Business is not enterprise any obligation or obligation to update these statements publicly as a outcome of new info, potential activities or otherwise, besides as essential by regulation.