Wallingford, CT -- Amphenol Corp. announced that it has completed the acquisition of the Connection Systems division of Teradyne Inc. for approximately $390 million in cash (subject to a post closing working capital adjustment). The acquisition agreement was previously announced in an October 10, 2005 press release and conference call.

The transaction was financed through borrowings under the Company's revolving credit facilities.

Amphenol Chairman and CEO, Martin H. Loeffler, stated: "We are excited about adding the wealth of experience and leading technology of TCS to Amphenol, and look forward to the many new opportunities created by the complementary strengths of Amphenol and TCS."

TCS will be included in Amphenol's consolidated results beginning in December of 2005; as such TCS is not expected to have a material impact on 2005 results. The Company plans to issue guidance for 2006 at its scheduled fourth quarter earnings release and conference call on January 18, 2006. Consistent with the Company's strategy and assuming a continuation of current economic conditions, the TCS acquisition is expected to be accretive to earnings per share in the first year post acquisition.