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Mobix Labs Announces Acquisition of J-Mark Connectors Inc. to Boost Revenue and Expand Military Aerospace Footprint

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Mobix Labs Inc. (Nasdaq: MOBX) has announced its intent to acquire J-Mark Connectors Inc., a move expected to significantly enhance Mobix Labs' sales strategy and boost gross margins, particularly in the military, aerospace, and defense sectors. This strategic acquisition aims to strengthen Mobix Labs' market presence, improve customer access, and secure major accounts in these industries.

The integration of J-Mark's expertise in EMI interconnect solutions will expand Mobix Labs' product portfolio, enabling the company to meet demanding filtering, grounding, and transient suppression requirements across various sectors. While financial terms remain undisclosed, the acquisition is expected to contribute to immediate revenue growth and margin improvement. The deal is set to be completed in August 2024, positioning Mobix Labs as a leader in advanced semiconductor and EMI interconnect solutions.

Mobix Labs Inc. (Nasdaq: MOBX) ha annunciato la sua intenzione di acquisire J-Mark Connectors Inc., una mossa che si prevede migliorerà significativamente la strategia di vendita di Mobix Labs e aumenterà i margini lordi, in particolare nei settori militare, aerospaziale e della difesa. Questa acquisizione strategica mira a rafforzare la presenza di mercato di Mobix Labs, migliorare l'accesso ai clienti e assicurare importanti contratti in queste industrie.

L'integrazione dell'expertise di J-Mark nelle soluzioni di interconnessione EMI amplierà il portafoglio prodotti di Mobix Labs, consentendo all'azienda di soddisfare le esigenti necessità di filtraggio, messa a terra e soppressione dei transitori in diversi settori. Sebbene i termini finanziari rimangano non divulgati, l'acquisizione è infatti destinata a contribuire a una crescita immediata dei ricavi e a un miglioramento dei margini. L'accordo dovrebbe essere completato entro agosto 2024, posizionando Mobix Labs come leader nelle soluzioni avanzate per semiconduttori e interconnessione EMI.

Mobix Labs Inc. (Nasdaq: MOBX) ha anunciado su intención de adquirir J-Mark Connectors Inc., un movimiento que se espera mejore significativamente la estrategia de ventas de Mobix Labs y aumente los márgenes brutos, particularmente en los sectores de militar, aeroespacial y defensa. Esta adquisición estratégica tiene como objetivo fortalecer la presencia de mercado de Mobix Labs, mejorar el acceso a los clientes y asegurar contratos importantes en estas industrias.

La integración de la experiencia de J-Mark en soluciones de interconexión EMI ampliará el portafolio de productos de Mobix Labs, permitiendo a la empresa satisfacer las exigentes necesidades de filtrado, conexión a tierra y supresión de transitorios en varios sectores. Aunque los términos financieros no se han revelado, se espera que la adquisición contribuya a un crecimiento inmediato de los ingresos y una mejora de los márgenes. El acuerdo está programado para completarse en agosto de 2024, posicionando a Mobix Labs como líder en soluciones avanzadas de semiconductores y de interconexión EMI.

Mobix Labs Inc. (Nasdaq: MOBX)는 J-Mark Connectors Inc. 인수 의사를 발표했습니다. 이 움직임은 Mobix Labs의 판매 전략을 크게 향상시키고, 특히 군사, 항공 우주 및 방위 산업에서 총 수익률을 높일 것으로 예상됩니다. 이 전략적 인수는 Mobix Labs의 시장 존재감을 강화하고 고객 접근성을 개선하며 이러한 산업에서 주요 계정을 확보하는 것을 목표로 하고 있습니다.

J-Mark의 EMI 인터커넥션 솔루션 전문 지식 통합은 Mobix Labs의 제품 포트폴리오를 확장하여 다양한 산업에서 까다로운 필터링, 접지 및 과도 억제 요구 사항을 충족할 수 있도록 합니다. 재무 조건은 공개되지 않았지만, 인수는 즉각적인 수익 성장과 이익 개선에 기여할 것으로 예상됩니다. 이번 거래는 2024년 8월에 완료될 예정이며, Mobix Labs를 고급 반도체 및 EMI 인터커넥션 솔루션의 선두주자로 자리매김할 것입니다.

Mobix Labs Inc. (Nasdaq: MOBX) a annoncé son intention d'acquérir J-Mark Connectors Inc., une démarche qui devrait considérablement améliorer la stratégie de vente de Mobix Labs et augmenter les marges brutes, en particulier dans les secteurs militaire, aérospatial et de la défense. Cette acquisition stratégique vise à renforcer la présence sur le marché de Mobix Labs, à améliorer l'accès des clients et à sécuriser des contrats majeurs dans ces industries.

L'intégration de l'expertise de J-Mark dans les solutions d'interconnexion EMI élargira le portefeuille de produits de Mobix Labs, permettant à l'entreprise de répondre aux exigences rigoureuses de filtrage, de mise à la terre et de suppression transitoire dans divers secteurs. Bien que les conditions financières restent non divulguées, l'acquisition devrait contribuer à une croissance immédiate des revenus et à une amélioration des marges. L'accord doit être finalisé en août 2024, positionnant Mobix Labs comme un leader dans les solutions avancées de semi-conducteurs et d'interconnexion EMI.

Mobix Labs Inc. (Nasdaq: MOBX) hat die Absicht bekannt gegeben, J-Mark Connectors Inc. zu übernehmen, was voraussichtlich die Verkaufsstrategie von Mobix Labs erheblich verbessern und die Bruttomargen insbesondere in den militärischen, luftfahrttechnischen und verteidigungstechnischen Sektoren erhöhen wird. Diese strategische Übernahme zielt darauf ab, die Marktpräsenz von Mobix Labs zu stärken, den Kundenzugang zu verbessern und wichtige Aufträge in diesen Industrien zu sichern.

Die Integration der Expertise von J-Mark in EMI-Interconnect-Lösungen wird das Produktportfolio von Mobix Labs erweitern, sodass das Unternehmen anspruchsvolle Anforderungen an Filterung, Erdung und transiente Unterdrückung in verschiedenen Sektoren erfüllen kann. Während die finanziellen Bedingungen nicht offengelegt sind, wird erwartet, dass die Übernahme zu schnellem Umsatzwachstum und Margenverbesserungen beiträgt. Der Deal soll im August 2024 abgeschlossen werden und Mobix Labs als führenden Anbieter von fortschrittlichen Halbleitern und EMI-Interconnect-Lösungen positionieren.

Positive
  • Expected to significantly enhance sales strategy and boost gross margins
  • Strengthens market presence in military, aerospace, and defense sectors
  • Expands product portfolio with EMI interconnect solutions
  • Projected immediate revenue growth and margin improvement
  • Acquisition to be completed by August 2024, indicating clear timeline
Negative
  • Financial terms of the acquisition not disclosed, limiting transparency for investors

Insights

The acquisition of J-Mark Connectors Inc. by Mobix Labs is a strategic move with potentially significant financial implications. While specific financial terms aren't disclosed, the deal is expected to boost revenue and gross margins, particularly in the lucrative military, aerospace and defense sectors. This could lead to improved profitability for Mobix Labs.

The expansion into high-demand sectors and the addition of complementary products suggest potential for synergistic growth. However, investors should note that the acquisition's success will depend on effective integration and realization of projected benefits. The immediate revenue growth mentioned is promising, but it's important to monitor post-acquisition performance to confirm these expectations.

This acquisition significantly enhances Mobix Labs' technological capabilities in EMI interconnect solutions. By integrating J-Mark's expertise, Mobix Labs can now offer more comprehensive solutions for filtering, grounding and transient suppression - critical components in aerospace, military and medical applications.

The expanded product portfolio, including Flex Assemblies and EMI Filter Modules, positions Mobix Labs to meet increasingly complex technical requirements in these demanding sectors. This technological synergy could lead to increased market share and potentially accelerate R&D efforts. However, the success of this tech integration will be important to watch, as it will determine the company's ability to capitalize on these new capabilities.

The acquisition strategically positions Mobix Labs in the high-growth military, aerospace and defense markets. These sectors are known for their stringent requirements and high barriers to entry, which could provide Mobix Labs with a competitive advantage and potentially higher profit margins.

The move aligns with broader industry trends of consolidation to enhance capabilities and market reach. However, success will depend on Mobix Labs' ability to leverage J-Mark's existing customer relationships and effectively cross-sell their expanded product line. Investors should monitor how well Mobix Labs capitalizes on these new market opportunities and whether it can secure the "major accounts" mentioned, as these will be key indicators of the acquisition's success.

IRVINE, Calif.--(BUSINESS WIRE)-- Mobix Labs Inc. (Nasdaq: MOBX), a leader in advanced connectivity solutions, today announced the intent to acquire J-Mark Connectors Inc. This acquisition is expected to significantly enhance Mobix Labs’ sales strategy and boost gross margins, particularly in the high-demand military, aerospace, and defense sectors. The addition of J-Mark’s expertise strengthens Mobix Labs' position, elevating our market presence, enhancing customer access, and securing major accounts in the aerospace and defense industries.

“We are excited to welcome J-Mark Connectors Inc. to the Mobix Labs family,” said Fabian Battaglia, CEO of Mobix Labs. “This acquisition significantly strengthens our sales strategy and enhances our market presence in the military, aerospace, and defense sectors. By combining our expertise, we’re well-positioned to secure major accounts and boost gross margins, driving sustainable growth for our customers and stakeholders.”

With this acquisition, Mobix Labs aims to leverage J-Mark’s proven success in sales expansion and customer retention, particularly within the aerospace and defense markets. The integration of J-Mark’s expertise in EMI interconnect solutions will significantly enhance Mobix Labs’ product portfolio, enabling us to meet the most demanding filtering, grounding, and transient suppression requirements in aerospace, military, and medical sectors. Additionally, J-Mark will help expand our EMI Interconnect Solutions offerings by adding supporting hardware that complements our existing Filtered Connector products.

While the financial terms of the acquisition remain undisclosed, this strategic move aligns with Mobix Labs’ commitment to driving growth and increasing value for its customers and stakeholders. The acquisition of J-Mark Connectors Inc. is expected to contribute to immediate revenue growth and margin improvement, solidifying Mobix Labs’ position as a leader in advanced semiconductor and EMI interconnect solutions.

Mobix Labs is expected to complete the acquisition of J-Mark Connectors Inc. in August 2024.

Mobix Labs’ focus moving forward is advancing EMI interconnect solutions to enhance performance and reliability in aerospace, military, and medical sectors. We offer a wide range of products, including Flex Assemblies, EMI Filtered Connectors, EMI Filter Modules, FlexFilter Inserts, and Cable Assemblies, all designed to meet the toughest standards. These configurable solutions are tailored to ensure robust operation in the most demanding environments.

About Mobix Labs

Based in Irvine, California, Mobix Labs is a fabless semiconductor company delivering advanced wireless and wired connectivity, RF, switching and filtering technologies for next-generation communication systems. Our solutions support aerospace, defense, 5G, medical, industrial and other high-reliability markets. We specialize in electromagnetic interference (EMI) solutions for secure aerospace GPS systems, optical cables for high-speed interconnect and AI datacenters, mmWave radar and imaging for commercial applications, ensuring high performance and reliability in demanding applications. Visit mobixlabs.com and follow us on LinkedIn.

Mobix Labs, the logo, are among the trademarks of Mobix Labs. Other trademarks are the property of their respective owners.

Forward-Looking Statements

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about capturing additional opportunities in the future, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement, such as Mobix Labs’ ability to close the J-Mark Connectors Inc. acquisition pursuant to the terms of the Business Combination Agreement entered into by and between the parties, deliver parts or to develop technology in connection with the systems provided by J-Mark Connectors Inc. to its customers. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. All information provided in this press release is as of the date of this press release, and Mobix Labs undertakes no duty to update such information, except as required under applicable law.

Media Contact:

Jeff Fox, The Blueshirt Group

jeff@blueshirtgroup.com

Investor Contact:

Lori Barker, The Blueshirt Group

lori@blueshirtgroup.com

Source: Mobix Labs Inc.

FAQ

What company is Mobix Labs (MOBX) acquiring?

Mobix Labs (MOBX) is acquiring J-Mark Connectors Inc.

When is the acquisition of J-Mark Connectors by Mobix Labs (MOBX) expected to be completed?

The acquisition is expected to be completed in August 2024.

How will the acquisition of J-Mark Connectors affect Mobix Labs' (MOBX) market position?

The acquisition is expected to strengthen Mobix Labs' market presence, enhance customer access, and secure major accounts in the aerospace and defense industries.

What specific product offerings will J-Mark Connectors add to Mobix Labs (MOBX)?

J-Mark will add EMI interconnect solutions, including supporting hardware that complements Mobix Labs' existing Filtered Connector products.

What is the expected financial impact of the J-Mark Connectors acquisition on Mobix Labs (MOBX)?

While specific financial terms are undisclosed, the acquisition is expected to contribute to immediate revenue growth and margin improvement for Mobix Labs.

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