Interconnect Systems Acquired By Molex

Camarillo-based Interconnect Systems, Inc., a designer and manufacturer of high density, silicon packaging technology, has been acquired by Molex, Molex said Thursday. Financial terms of the acquisition were not disclosed. Molex said it will use ISI and its team to strengthen its capabilities in the chip packaging market. Molex said ISI serves the aerospace & defense, industrial, data storage and networking, telecom, and high performance computing markets.