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Connectivity and electronics solutions provider Molex acquired Fiberguide Industries, the Caldwell, Idaho-based manufacturer of optical fiber solutions. The deal is worth $38 million, according to the London Stock Exchange.
Fiberguide had been owned by Halma plc, a British group of safety equipment companies. It will join Molex’s Polymicro business, located in Phoenix. Molex’s Polymicro business is a provider of specialty optical fiber and fluidic-based products for medical, industrial, and datacom applications.
“Our combined capabilities give global customers a full array of products and complete solutions to meet emerging requirements for innovative laser-based optical systems,” said Jim Clarkin,…READ MORE