Molex acquires BittWare

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Electronic solutions company Molex has acquired BittWare, a provider of computing systems featuring field-programmable gate arrays (FPGAs) deployed in data center compute and network packet processing applications.

Headquartered in Concord, NH, BittWare provides solutions based on FPGA technology from Intel (formerly Altera) and Xilinx.

Philpott Ball & Werner acted as BittWare’s financial advisor.

Financial terms of the transaction were not disclosed.