Core Insights - HMS Networks has entered into a binding agreement to acquire part of the Industrial Solutions Business Unit of Molex, enhancing its Industrial Network Technology (INT) division [1][2] Acquisition Details - The acquisition includes strategic assets such as hardware and software intellectual property, a product portfolio of network interface cards and software stacks, and customer relations primarily in the USA and Japan [7] - The purchase price for the assets is set at USD 7 million, on a cash and debt-free basis, with the deal expected to close in January 2026 [4] Strategic Rationale - The acquisition aligns with HMS's vision for the INT division, creating synergies with Molex's network interface cards and network controller/scanners, which complement HMS's existing product portfolio [2][3] - This move is expected to strengthen HMS's software and hardware offerings and expand its customer base in North America, a key market for the company's 2030 strategy [3] Financial Impact - The existing customer base from the acquisition is projected to generate annual revenue exceeding USD 10 million in the coming years, contributing positively to HMS's EBITA without significantly impacting overall profitability [4]