Koch-owned Molex agrees to $6.29 billion data-center cable deal with Prysmian

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🗞️ Driving the news: Koch Industries-owned Molex has agreed to a data-center cable supply deal with Italy’s Prysmian worth up to $6.29 billion
• The 10-year contract aims to double Prysmian’s U.S. fiber capacity and strengthen the infrastructure needed for cloud, AI, and enterprise data services

🔭 The context: Prysmian, one of the world’s largest cable manufacturers, is executing a series of deals with infrastructure providers that could cumulatively exceed €10 billion ($11.44 billion) by 2035
• This follows investments like its Texas copper rod mill, designed to offset U.S. tariffs and expand domestic production

🌍 Why it matters for the planet: Data centers consume substantial electricity and contribute to emissions
• Expanding fiber capacity and modernizing infrastructure can improve energy efficiency and reduce network losses, supporting greener digital operations and more resilient connectivity 

⏭️ What’s next: Prysmian may pursue a U.S. listing to fund further expansion, while Molex continues scaling its data-center supply chain amid rising cloud adoption and AI workloads
• The deal signals growing industrial consolidation in high-capacity optical networks

💬 One quote: “These agreements will bring significant incremental value compared with 2025 baseline and strengthen fiber infrastructure in the U.S.” — Massimo Battaini, CEO of Prysmian

📈 One stat: The cumulative value of Prysmian’s new infrastructure deals could exceed €10 billion ($11.44 billion) through 2035

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