Axiom Solutions International

Austin – October 14, 2026 -- Flex (NASDAQ: FLEX) has completed its acquisition of EPC Power, adding a power conversion provider with more than 15 GW deployed to its Cloud and Power Infrastructure segment weeks before shareholders weigh the planned spin-off of that unit.

EPC Power joins Flex's Cloud and Power Infrastructure segment

EPC Power supplies intelligent power conversion solutions for data center and grid applications. Flex said the acquisition expands its capabilities across power, cooling and compute as demand grows for higher-density AI infrastructure and next-generation 800V data center power architectures.

Flex did not disclose the purchase price or other financial terms.

Austin, Texas – October 05, 2026 -- Flex (NASDAQ: FLEX) has agreed to sell $2.0 billion of Series A Convertible Preferred Stock in Axiom Solutions International, its Cloud and Power Infrastructure segment, to funds affiliated with General Catalyst, Koch Equity Development, and co-investors, at an initial enterprise value of $37.5 billion for Axiom.

Flex Targets Q1 2027 for Axiom's Independent Public Listing

Flex intends to separate Axiom into an independent, publicly traded company in the first quarter of calendar 2027, with the current investment structured to apply solely to Axiom on a pro-forma basis once the separation completes.