Molex Acquires Manufacturer Of Flexible Circuits, Assemblies

Molex Inc. has completed its previously announced acquisition of AFlextech Inc., a Taiwan-based designer and manufacturer of flexible circuits and assemblies that provide power and signal interconnect solutions in a unitized package. Molex manufactures interconnection systems, including electrical and fiber devices. According to Todd Hester, Molex’s vice president and general manager of the Printed Circuit products unit of the Global Integrated Products Div., the acquisition is a strategic move that will help the company boost its share of the global flex circuit market. MOLEX INC, Lisle, IL. (630) 527-4043.