- Fiberguide and Polymicro together offer broadest combined product portfolio in the industry
LISLE, Ill., Dec. 17, 2020 — (PRNewswire) — Molex, a leading global connectivity and electronics solutions provider, announced the acquisition of Fiberguide Industries, a manufacturer of customized optical fiber solutions based in Caldwell, Idaho. Fiberguide will join Molex's Polymicro business, a Phoenix-based provider of specialty optical fiber and fluidic-based products tailored for medical, industrial and datacom applications.
"Today, Molex is setting a new standard of excellence in the industry while fulfilling our vision of becoming the leading provider of specialty optical fiber products," said Jim Clarkin, GM of Polymicro. "Our combined capabilities give global customers a full array of products and complete solutions to meet emerging requirements for innovative laser-based optical systems."
As a world leader in optical fiber arrays and cable assemblies, Fiberguide is uniquely positioned to help Molex address the stringent needs of medical applications, including high-power laser surgery, DNA sequencing and flow cytometry. Both Molex and Fiberguide bring extensive expertise in optical fibers, analytical probes and fully packaged assemblies to support increasing demands for minimally invasive medical procedures. Additionally, a complementary portfolio of design capabilities provides customer-centric solutions for industrial monitoring and sensing as well as datacom applications that require reliable performance in extremely harsh environments.
"Fiberguide contributes more than 40 years of technological innovation to Molex," said Devinder Saini, Ph.D., VP of Technology for Fiberguide. "We share similar cultures and are united in our focus to deliver the most powerful, vertically integrated fiber solutions available."
In addition to taking full advantage of the enhanced design prowess, intelligent digital supply chain and global manufacturing footprint, Molex will develop centers of optical fiber excellence in Phoenix and Caldwell to support new business opportunities from concept to production. Financial terms of the deal have not been disclosed.
Polymicro was acquired by Molex in 2007. Today, Molex designs, develops and delivers Polymicro specialty optical fiber products and solutions for the medical, industrial and datacom industries.
About Molex
Molex makes a connected world possible by enabling technologies that transform the future and improve lives. With a presence in more than 40 countries, Molex offers a complete range of connectivity products, services and solutions for the data communications, medical, industrial, automotive and consumer electronics industries. For more information visit www.molex.com.
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SOURCE Molex Incorporated
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| Company Name: Molex Incorporated
Sue Hetzel, HetzelMeade Communications, on behalf of Molex Email Contact 760.473.4729 Web: http://www.molex.com |
