Molex Completes Acquisition of Smiths Interconnect, Expanding Portfolio of High-Reliability Connectivity Solutions

· Expanded portfolio enhances support for diverse customer applications in aerospace and defense, medical, and semiconductor test sectors with industry-leading solutions.

· Unites expertise from 90 factories across 22 countries to provide closer design and engineering support in North America, Europe, and Asia.

· Enlarged manufacturing footprint improves supply chain stability and resilience.

Molex, a global electronics leader and connectivity innovator, has completed the acquisition of Smiths Interconnect, a subsidiary of UK-based Smiths Group plc. This acquisition marks a significant milestone in Molex's vision to deliver technologies that transform the future and improve people's lives. Smiths Interconnect's diverse portfolio includes complementary products and competitive advantages in high-durability custom connectors, contacts, RF components, and optical transceivers for harsh environments. It also provides advanced semiconductor test capabilities that complement Molex's data communications and data center solutions supporting AI development, as well as strong medical interconnect capabilities to support med-tech customers.

"I am thrilled to announce the completion of the Smiths Interconnect acquisition. This move expands our portfolio and engineering expertise globally," said Joe Nelligan, CEO of Molex. "We are highly optimistic about not only the products and technology of Smiths Interconnect but also its global team and the strong customer relationships they have established."

The acquisition of Smiths Interconnect, the largest in the company's history, will enable Molex to drive innovation across the high-reliability interconnect market, including the aerospace and defense, space exploration, industrial, medical, and semiconductor test industries. By combining Smiths Interconnect's capabilities with Molex's global footprint, engineering expertise, corporate culture, and sound financial base, Molex can deliver greater value to customers worldwide.

"This acquisition further strengthens Molex's position as a leader in every sector where high reliability is crucial," said Michael Cole, Molex Senior Vice President and President of the Aerospace and Defense Solutions division. "By integrating these high-reliability solutions under the Molex banner, we will provide a borderless platform for engineers to leverage precisely engineered, robust connectivity."

The acquisition of Smiths Interconnect expands Molex's global footprint to over 90 factories in 22 countries, increasing its worldwide employee count to over 55,000. This integration brings strong alignment in design and technology, enhancing innovation and solution capabilities to provide more value to customers. This news follows Molex's acquisition of AirBorn in November 2024, a key milestone that laid the foundation for serving customers in the aerospace and defense market.

Lou Lafornara, Senior Vice President of Global Interconnect Business Strategy at TTI, stated, "The integration of Smiths Interconnect into the Molex engineering ecosystem is great news for the global design engineering community. As a key distributor for Smiths Interconnect, we are delighted to continue offering our customers an extensive lineup of mission-critical solutions—backed by Molex's global logistics and technical support—across a wide range of fields including aerospace, defense, medical, industrial, and semiconductor test."