HMS Networks Finalizes Acquisition of Molex Unit to Boost Industrial Connectivity
Halmstad, Friday, 2 January 2026.
HMS Networks officially integrated Molex’s industrial communications unit today, a strategic move designed to aggressively expand its share of the global industrial automation market.
Strategic Consolidation of Industrial Assets
HMS Networks AB (publ) has confirmed that the agreement initially signed on November 17, 2025, has reached fruition, with the Molex Industrial Communications Business formally consolidated into HMS operations as of January 2, 2026 [1]. This acquisition is consistent with HMS’s position as a market leader in Industrial Information and Communication Technology (Industrial ICT), a sector where it already employs over 1,100 people and manages local sales and support through more than 20 offices globally [1]. The transaction builds upon a solid financial foundation, with HMS reporting sales of SEK 3,059 million in 2024, as the company seeks to leverage these new assets to expand its footprint within the Telecommunications sector of the NASDAQ OMX Stockholm Large Cap segment [1].
Market Reaction and Technical Outlook
Despite the strategic expansion, HMS Networks faces a challenging technical environment in the equity markets as of early 2026. Technical analysis currently flags the stock as a ‘Sell,’ with the share price trading at 419 kr [2]. The stock is currently underperforming against key technical benchmarks; for instance, it sits significantly below its 50-day simple moving average of 474.75 kr, representing a gap of 55.75 kr per share [2]. Furthermore, the price trails the 200-day simple moving average of 441.82 kr, indicating a sustained bearish trend that the company’s leadership, including CEO Staffan Dahlström, will likely aim to reverse through the long-term value generation of this acquisition [1][2].
Broader Industry Implications
The integration of Molex’s business unit is significant given Molex’s broader standing in the electronics manufacturing landscape, where it is recognized as a key player in competitive markets such as Programming Logic Devices (PLD) [3]. By absorbing this specific industrial communications unit, HMS Networks is positioning itself to capture value in an increasingly automated industrial landscape. The success of this deal will depend on how effectively HMS can integrate these specialized assets to drive growth that outpaces the current skepticism reflected in its technical stock indicators [1][2].