Prysmian Secures $6.29 Billion Data-Center Cable Deal With Koch-Owned Molex
The 10-year agreement aims to bolster Prysmian's fiber capacity in the U.S., with potential listing being considered.
Business & Markets • 3 months ago
Italian cable maker Prysmian has agreed to a 10-year deal worth $6.29 billion with Koch-owned Molex for data-center cables. This agreement is part of a series of new contracts aimed at increasing Prysmian's fiber capacity within the United States.
The company is also exploring the possibility of a public listing in the U.S. as part of its strategic expansion. The deal with Molex underscores the growing demand for high-capacity data infrastructure, particularly to support the burgeoning data-center market.