Molex to Manufacture, Sell GbX ConnectorTeradyne Inc. Connection Systems Division, a provider of high-performance interconnect and electronic-manufacturing services, and Molex Incorporated announced 2/21/2003 7:00 AM Eastern
Teradyne Inc. Connection Systems Division, a provider of high-performance interconnect and electronic-manufacturing services, and Molex Incorporated announced that they have signed a second-source licensing agreement that grants Molex the right to manufacture, market and sell the GbX connector worldwide.
Under the terms of the agreement, the two companies will work jointly to deliver intermateable, interchangeable products by sharing design and manufacturing processes. Molex expects to begin production of the four-pair configuration of the GbX connector in September 2003.
“The Teradyne/Molex partnership is unique in that the two companies deliver products that share design, not just specification,” said Rick Schneider, president of Teradyne Connection Systems. “We collaborate continuously over the product lifecycle to improve our respective production and process capabilities. OEM users can source either company’s components with confidence that the parts will work together and meet their performance and reliability requirements.”