Molex to Acquire Smiths Interconnect to Expand Aerospace, Defense Reach

Molex, a global electronics connectivity innovator, has agreed to acquire Smiths Interconnect, a Smiths Group subsidiary offering high-reliability connectivity products. Molex said Thursday the move aims to expand its presence in the aerospace, defense, medical, semiconductor testing, and industrial markets. The transaction involves cash consideration, subject to customary adjustments for working capital, cash and debt. Pending

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