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

Prysmian has signed a significant agreement with Molex, a company owned by Koch, to supply optical cables and gear for data centers. The deal is valued at $6.29 billion, though some reports from marketscreener.com list the figure as up to EUR5.5 billion. According to the Wall Street Journal and Bloomberg, this partnership is specifically designed to support data-center infrastructure. The agreement marks a major strategic move for both entities as they target the growing demands of digital infrastructure and high-capacity connectivity. Coverage of the deal is widespread across financial and industry outlets.

Bloomberg and the Wall Street Journal highlight the specific valuation of the Molex deal, while marketscreener.com focuses on the supply of optical cables. Meanwhile, Investing.com Canada reports on the subsequent market reaction, noting that Prysmian's stock has been climbing following the announcement. Prysmian itself and CXO Digitalpulse have released information stating that the company intends to accelerate its data center growth specifically within its Digital Solutions division. This development occurs against a backdrop of massive infrastructure scaling for hyperscalers. According to reports from TradingView, Prysmian anticipates achieving cumulative revenues of €10 billion from hyperscalers by the year 2035.

This context suggests that the deal with Koch-owned Molex is part of a larger, long-term trajectory to capture the increasing spending of the world's largest cloud and data providers. The scale of the investment reflects the critical nature of cabling and optical gear in maintaining the physical layer of global digital services. Looking forward, observers will likely monitor the execution of this supply agreement and its impact on Prysmian's Digital Solutions growth. Based on the reported figures from TradingView, the company is tracking toward a substantial revenue target over the next decade. Future updates may clarify the specific timeline for the deployment of these optical cables and how the $6.29 billion investment is phased across the partnership with Molex to meet the needs of hyperscale data centers.