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Molex Acquires Aflextech

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Molex Acquires Aflextech

Written by Chelsey Drysdale
Tuesday, 01 July 2008
LISLE, IL –Molex Inc. has completed its previously announced acquisition of Taipei-based AFlextech Inc. No financial terms were disclosed. AFlextech designs and manufactures flexible circuits and assemblies. GM Sando Chen says the company also offers Molex-expanded capabilities for SMT, through-hole and hybrid assembly. The company will operate as a subsidiary of Molex and will be part of the company’s Global Integrated Products Division. Founded in 2003, AFlextech has sales of approximately $25 million and 300 employees.

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