Molex acquires California tech manufacturer

Business Wire

LISLE - Electronic systems manufacturer Molex has acquired Interconnect Systems Inc., which specializes in the design and manufacture of high density silicon packaging with advanced interconnect technologies.

Terms of the acquisition were not announced.

Headquartered in Camarillo, California, ISI delivers advanced packaging and interconnect solutions to top-tier OEMs in a wide range of industries and technology markets, including aerospace and defense, industrial, data storage and networking, telecom, and high performance computing. ISI uses a multi-discipline customized approach to improve solution performance, reduce package size, and expedite time-to-market for customers.

Molex Senior Vice President Tim Ruff said the acquisition enables the company to offer a wider range of fully integrated solutions to customers worldwide.

"We are excited about the unique 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," Ruff said.