According to Molex senior vice president Tim Ruff, the move, whose terms were not made public, will allow the company to offer a wider range of fully integrated solutions to its customers. “We are excited about the capabilities and technologies the ISI team brings to Molex. ISI’s proven expertise in high-density chip packaging strengthens our platform for growth in existing markets and opens doors to new opportunities.”
“We are thrilled to join forces with Molex,” said ISI president Bill Miller. “By combining our respective strengths and leveraging [Molex’] global manufacturing footprint, we can more efficiently and effectively provide customers with advanced technology platforms and top-notch support services, while scaling up to higher volume production.”
As part of the deal, Molex has also acquired Nallatech, which was bought by ISI in 2008. Nallatech, which was set up in Scotland by Allan Cantle in 1993, specialises in high performance FPGA based solutions. Last year, Nallatech developed a range of Altera Arria 10 based boards for computational acceleration.
