Front End | News Molex completes acquisition of Smiths Interconnect M
olex, a global electronics and connectivity specialist, has completed the acquisition of Smiths Interconnect, a
subsidiary of United Kingdom-based Smiths Group plc, marking a major milestone in Molex’s vision to enable technology that is transforming the future and improving people’s lives. 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 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, according to the company. It added that 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.
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.
www.molex.com WE United launches inaugural lead forward report W
E United ((formerly known as Women in Electronics) has launched its inaugural Lead Forward Report, an
analysis consolidating publicly available research and data across the technology and electronics sectors.
The report examines six key areas influencing leadership progression: C-suite and board representation, pay equity and compensation, women in STEM and technology, DEI-related corporate initiatives, entrepreneurship and access to funding, and policy and legislation.
Leadership progression The Lead Forward Report examines
contributing factors of an interconnected system that determine who advances into senior level roles. “Leadership progression is not a single-variable issue, it is systemic,” said
Jackie Mattox, founder and CEO of WE United. “When we look at representation, compensation, and opportunity in isolation,
we miss the broader truth that multiple factors compound over time. This report is a call to action for leaders to think
holistically and align decisions with long-term business goals. Balanced leadership is not only a values-based conversation, it is an essential leadership discipline for sustainable success.”
This is the first time WE United has published a report of this kind, and the organisation intends for it to become an annual release.
Among the figures highlighted in the report, women currently hold 29% of
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