Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

Prysmian signs €5.5 billion Molex deal in data center push

Italian cable maker Prysmian has signed a ​long-term agreement worth up ​to €5.5 billion ($6.4 billion) with Molex, an electronics company ​owned by U.S. group Koch, to supply fibre optic cables for data centers.

The deal of up to 10 years includes a €550 ‌million upfront ⁠payment, Prysmian ⁠said in a statement.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.