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The Economic Times
The Economic Times

Prysmian signs €5.5 billion Molex deal in data centre push

Italian cable maker Prysmian said ​on Monday it ​had signed a long-term agreement worth up ​to €5.5 billion ($6.4 billion) with Molex, a Koch-owned electronics company, as it stepped up its push into the fast-growing data ‌centre ⁠market.

* The ⁠deal runs for up to 10 years ​and includes a €550 million upfront payment and covers the supply ​of optical cables used inside data centres, Prysmian said in a statement.

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