Molex completes acquisition of Smiths Interconnect

Smiths Interconnect brings a diverse portfolio of complementary products and advantaged capabilities in ruggedized custom connectors, contacts, RF components and optical transceivers for harsh environments. Smiths Interconnect also brings leading semiconductor test capabilities that complement Molex's data communications and data centre solutions to support growth in AI, along with a strong medical interconnect capability to support Medtech customers.

"We are excited to finalize the Smiths Interconnect acquisition, which expands our portfolio and engineering expertise worldwide," said Joe Nelligan, CEO, Molex. "Along with their products and technology, we are excited about the Smiths Interconnect's global team and the strong customer relationships that they have established."

As the largest acquisition in Molex's history, the addition of Smiths Interconnect positions Molex to drive innovation across the high-reliability interconnect market - encompassing aerospace and defence, space exploration, industrial, medical and semiconductor test industries. The combination of Smiths Interconnect's capabilities with Molex's global footprint, engineering strength, culture and financial strength enables Molex to deliver increased value to customers around the world.

"This acquisition reinforces Molex's position as a leader across every sector where high reliability is critical," said Michael Cole, SVP and president, Aerospace and Defence Solutions Division, Molex. "By unifying these high-reliability solutions under the Molex banner, we provide a borderless platform that enables engineers to leverage ruggedised, precision-engineered connectivity."

The Smiths Interconnect acquisition expands Molex's global footprint to over 90 plants across 22 countries, and its global headcount to over 55,000 employees. The integration creates strong design and technical alignment to enhance innovation and solution capabilities to provide more value to customers.

This news builds upon the November 2024 acquisition of AirBorn by Molex, a foundational milestone in serving customers in the aerospace and defence market.

"The integration of Smiths Interconnect into the Molex engineering ecosystem is a significant win for the global design engineering community," said Lew LaFornara, SVP, Global Interconnect Business Strategy, TTI. "As a prominent Smiths Interconnect distributor, we are excited to continue offering our customers access to a robust line of mission-critical solutions - spanning aerospace and defence, medical, industrial and semiconductor test - all backed by Molex's world-class logistics and technical support."