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Molex (News - Alert) Inc., a global electronic components company, reportedly has completed the acquisition of China-based Zhenjiang Tean Telecom & Appliance Co., Ltd., located in the Jiangsu Province.

 

Tean Telecom, which was established in 1995, designs and manufactures a variety of RF and microwave products for the telecom and base station/wireless markets around the world.

 

As part of this new acquisition, Tean will operate as a subsidiary of Molex and will be part of the company’s Global Integrated Products Division.

Mike Dunne, general manager, RF Products unit of Molex Incorporated’s Global Integrated Products Division, said this is a strategic acquisition that will help Molex boost its share of the rapidly growing global market for RF and microwave interconnection systems.

 

“Tean is an excellent fit for Molex because it expands our RF and microwave product capabilities and gives us a strong presence in the rapidly growing market in China,” Dunne said.

 

Dunne said that Tean is a strong competitor because of its innovative designs and quality manufacturing processes.

 

“They are a great fit with our existing RF business in Taiwan and the United States, giving us the opportunity to expand both our product offerings and geographic reach,” said Dunne. “Tean has technical expertise, a strong customer base, and an excellent group of talented and experienced people.”

 

Xiaoting Zhang, chairman of Zhenjiang Tean Telecom & Appliance, Co., Ltd. said Molex’s global resources and presence in the RF and microwave market will help both companies grow.

 

Zhang said that Molex’s global reach will help the company grow its business more quickly.

 

“Our capabilities complement each other and together we are confident we can become a major force in the rapidly expanding global market for RF and microwave products,” he said.