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HMS Networks Finalizes Acquisition of Molex Industrial Communications Business

Story Highlights
  • HMS Networks is a leading global Industrial ICT provider with strong 2024 sales.
  • HMS has completed and consolidated the acquisition of Molex’s Industrial Communications Business, bolstering its market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HMS Networks Finalizes Acquisition of Molex Industrial Communications Business

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The latest announcement is out from HMS Networks AB ( (SE:HMS) ).

HMS Networks AB, a leading player in Industrial ICT with a global sales footprint and strong 2024 revenues, focuses on solutions that connect and integrate industrial equipment and systems for improved communication and control. The company has completed the acquisition of Molex’s Industrial Communications Business, comprising several strategic assets within Molex’s Industrial Solutions unit, and will consolidate the acquired operations into HMS as of January 2, 2026, strengthening its portfolio and positioning in industrial communications and potentially expanding its customer reach and technology base in this segment.

The most recent analyst rating on (SE:HMS) stock is a Hold with a SEK514.00 price target. To see the full list of analyst forecasts on HMS Networks AB stock, see the SE:HMS Stock Forecast page.

More about HMS Networks AB

HMS Networks AB is a market-leading provider of Industrial Information and Communication Technology (Industrial ICT) solutions, offering products and systems that enable communication and data exchange in industrial environments. The company employs more than 1,100 people, sells through over 20 international sales offices and a global distributor network, reported SEK 3,059 million in sales in 2024, and is listed on the Nasdaq OMX Stockholm Large Cap in the Telecommunications sector.

Average Trading Volume: 33,963

Technical Sentiment Signal: Hold

Current Market Cap: SEK21.02B

For detailed information about HMS stock, go to TipRanks’ Stock Analysis page.

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