Molex Incorporated (NASDAQ: MOLX, MOLXA announced that it has entered into a definitive agreement to be acquired by Koch Industries, Inc. Under the terms of the agreement, Koch Industries will acquire all of Molex’s outstanding shares, including the Common Stock (MOLX), the Class A Common Stock (MOLXA) and the Class B Common Stock, for $38.50 […]
Industry News
Bel Fuse acquires Array Connector
As it moves to strengthen its Cinch Connector division, which it acquired in 2010, Bel Fuse Inc., Jersey City, N.J., announced last week that it has acquired privately-held Array Connector Corp., a manufacturer of aerospace and mil-spec connector products for more than 20 years. This is the third such acquisition by the manufacturer of high‑speed data […]
National Instruments promotes lifelong science, engineering education
In a former life, as a fresh college graduate, I accepted a job as business reporter on a daily newspaper. I remember being so nervous, wondering how I would be able to write about something I really knew nothing about. And then I started the job and fell in love with it. I felt the […]
Molex acquires German connector, cable assembly manufacturer
As it works to strengthen its global reach, Molex Inc., Lisle, Ill., announced today it will acquire FCT Electronics Group, Munich, Germany, a manufacturer of custom mixed-layout connectors and cable assemblies. According to Tim Ruff, Molex senior vice president of business development and corporate strategy, this is a strategic acquisition that will help expand Molex’s presence […]
Molex celebrates 75th anniversary
Molex Inc., Lisle, Ill., is beginning its 75th year in business, serving users in the data communications, telecommunications, consumer electronics, industrial, automotive, aerospace and defense, medical and lighting markets. Molex sells more than 100,000 different products and ranks among the top three connector companies in the world based on annual revenue. “Molex has built a […]
Consumers not quite ready for driverless cars
I’ve said it numerous times when I’ve been on a long road trip: I wish I had a car with auto-pilot. The notion that I could just sit back, relax, maybe even doze, while the car just took over is a nice little fantasy. But in reality, I don’t think I could give up control […]
Lumberg Automation Wash-down Connectors from Belden
Belden Inc. announces new Lumberg Automation brand wash-down connectors. Optionally available as single-ended or double-ended actuator/sensor cord sets, these connectors come with an M8 or M12 thread and a hexagonal stainless steel coupling nut. Resistant to aggressive chemicals and cleaning agents, these new connectors have an operating temperature range of -40 to +105°C. They also […]
