Interconnections Product Maker With Global Integrated Technical & Information Systems
Electronic connector maker Molex, based in Lisle, Illinois, USA, was purchased on Monday by privately-held conglomerate Koch Industries for $7.2 billion. Molex, with yearly net revenues of $3.6 billion and an 8% worldwide market share in the “60 billion connectors a year global market,” has 41 manufacturing locations in 16 countries and employs 36,000 people. The company provides high-precision interconnection products to the telecommunications, datacom, consumer electronics, industrial, automotive, networking, medical, and military markets. Manufacturing connectors are used in electronics assemblies and are not sold directly to the public.
Innovative Design & Manufacture
Molex devices are found in products from automobile airbag systems, video screens, handheld GPS units, gaming devices, smart phones, laptops, cameras, network servers, robotics, satellites and thousands of other products and equipment. The company is known for its high reinvestment rate, which helps it continue to provide innovative products worldwide.
Molex has been a competitor of large electronics companies such as Tyco or TE Connectivity and provides customized specialty solutions not widely offered. Molex will continue as an independent unit of Koch Industries and maintain its management group.
Worldwide Reach & High Reinvestment Rate
Molex’s Global Services Products division provides products for high-speed, high-density, signal integrity applications. Its Global Integrated Products Division manufactures switch, fiber-optic and other value added assemblies. Molex designs and produces products worldwide: 41% in Asia-Pacific South, 19% in Asia Pacific North, 26% in the Americas, and 14% in Europe.