Molex buys into Turkish structured cabling producer HCS
July 30, 2008 -- Molex Premise Networks has become a substantial shareholder in HCS, a manufacturer in Turkey that produces high performance cables for the structured cabling market.
July 30, 2008 -- Molex, through its Premise Networks business unit, announced that it has become a substantial share holder in HCS, a manufacturer in Turkey that produces high performance cables for the structured cabling market.
HCS has its commercial operation in Istanbul and its manufacturing facility in Kayseri.
Dennis Curtis, president of Molex Premise Networks, said, "We are excited about this opportunity and are confident that adding high performance cables to our solutions portfolio will significantly improve our competitive position in the structured cabling marketplace. HCS is a world class manufacturing company that produces high quality data cable products."
All HCS products are manufactured to meet or exceed relevant industry standards including ISO/IEc 11801, IEC 61156, CENELEC EN 50173, TIA/EIA-568 (A and TIA/EIA-568B.
Mr. Mustafa Boydak, HCS board chairman, said, "The combination of Molex's global footprint in the market and our expertise in manufacturing data cabling products is a winning formula. We look forward to working with Molex to expand our market penetration."