Teradyne signs Molex as second-source GbX manufacturer

Teradyne Inc.'s Connection Systems Division (TCS) and Molex Inc. have entered a second-source licensing agreement.

Under the terms of the agreement, Molex is licensed under Teradyne's patents, trademarks, and technology, to manufacture and sell the Teradyne GbX connector product family worldwide. The two companies intend to share their respective design and manufacturing processes to enable the delivery of fully compatible products. Molex expects to begin production of the four pair configuration of the GbX connector in September 2003.

"The Teradyne-Molex partnership is unique in that the two companies deliver products that share design, not just specification," said Rick Schneider, president Teradyne Connection Systems. "We collaborate continuously over the product lifecycle to improve our respective production and process capabilities. OEM users can source either company's components with confidence that the parts will work together and meet their performance and reliability requirements."