Molex Completes AFlextech Acquisition

Molex (News - Alert) Incorporated, a global manufacturer of electronic, electrical, and fiber optic interconnection systems, has completed it’s previously announced acquisition of Taiwan-based AFlextech, which designs and manufactures a variety of flexible circuits and assemblies.

 

Under this acquisition, AFlextech will operate as a subsidiary of Molex Incorporated and will be part of the company’s Global Integrated Products Division.

 

“AFlextech is an excellent fit for Molex because it expands our flex circuit capabilities in terms of product offerings and markets as well as geographically,” said Todd Hester, Molex’s Vice President and General Manager of the Printed Circuit Products unit of the Global Integrated Products Division.

 

Hester identified the acquisition as a strategic decision that will help Molex boost its share of the global flex circuit market.

 

Reflecting upon AFlextech’s technical expertise, enthusiastic staff, and strong customer base, Hester believes these traits, along with Molex’s global resources will enable them to grow even faster in the rapidly expanding market for flex circuit boards.

 

According to Sando Chen, General Manager, AFlextech, the company also offers Molex expanded capabilities for SMT, through-hole, and hybrid assembly, in addition to flex circuit capabilities.

 

AFlextech was founded in 2003, specializes in one- to ten-layer flex circuits for applications that include consumer handheld devices, such as smart phones and personal medical electronics, as well as computer peripherals, data storage, and automotive. As Molex’s supplier, the company is very familiar not only with their solid capabilities but with their commitment to quality and customer service, note company officials.

 

Molex Incorporated is a 70-year-old manufacturer of interconnection systems, including electrical and fiber optic interconnection products and systems, switches and integrated products, with 59 plants in 19 countries throughout the world.