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Koch-Owned Molex Agrees to $6.29 Billion Data-Center Cable Deal With Prysmian

Prysmian and Molex have entered a $6.29 billion agreement to supply optical cabling infrastructure for global data centers.

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The brief

Prysmian has reached a deal to supply optical cables for data centers in a transaction valued at $6.29 billion. The agreement involves Molex, a company owned by Koch, to bolster data center infrastructure capabilities.

Coverage from the Wall Street Journal, Bloomberg, and marketscreener.com emphasizes the scale of the financial investment. Reporting from CXO Digitalpulse and TradingView highlights Prysmian's strategy to accelerate growth within its Digital Solutions segment.

Future developments hinge on Prysmian’s stated targets for its hyperscaler business. The company has publicly projected cumulative revenues of €10 billion from hyperscalers by 2035, though specific implementation timelines for the Molex agreement remain to be seen.

Synthesized by PULSE from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 15h ago.

Quick answers

What is the total value of the deal?

The agreement is valued at approximately $6.29 billion.

What is the primary purpose of this agreement?

The deal focuses on the supply of optical cables to support data center growth.

What revenue targets has Prysmian set for its hyperscaler business?

Prysmian has stated an objective to reach cumulative revenues of €10 billion with hyperscalers by 2035.

Coverage (7)

Topics

Prysmian Molex Data Centers Koch Infrastructure

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