Acquisition significantly expands global presence says Molex
Molex has announced that the acquisition of a Chinese rf / microwave designer and manufacturer has significantly strengthened its presence in the global telecom and base station / wireless markets.
The interconnect specialist acquired Zhenjiang Tean Telecom & Appliance in 2009. Roger Kauffman, Molex' rf marketing and sales manager, said that as a result of the purchase Tean's designs, technical knowledge and manufacturing processes were integrated with Molex' interconnect solutions and global customers.
"(The acquisition) allowed us to strategically expand our global presence and solution offerings," Kauffman said. "Tean's geographic location, legacy of innovation and established customer base are a perfect fit for Molex to build a stronger competitive position in the global rf and microwave interconnect market by extending our reach from North America and Europe to the expanding wireless infrastructure markets in India and China."
