Molex acknowledges smartphone impact on still cameras, Herb Greenberg says The CEO of Molex (MOLX), which is one of the world’s largest makers of connectors and sockets, finally acknowledged the way that increased smartphone sales are negatively impacting digital still cameras, according to CNBC's Herb Greenberg in a report posted to his LinkedIn account. In the report, Greenberg said, "My take: R.I.P." in regard to the CEO Slark's commentary. Reference Link
News For MOLX From The Last 14 Days
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Molex receives all control clearances for merger with Koch Industries Molex announced that it has received all required merger control clearances with respect to its previously announced merger agreement to be acquired by Koch Industries. The parties now expect the transaction to close on or about December 9, following the satisfaction of customary closing conditions.