Flex

Flex Closes EPC Power Deal Ahead of Q1 2027 Cloud Unit Spin-Off

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Flex Closes EPC Power Deal Ahead of Q1 2027 Cloud Unit Spin-Off

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.

Flex Launches AI Modules to Cut AI Factory Build Time by 50%

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Flex Launches AI Modules to Cut AI Factory Build Time by 50%

San Jose – October 12, 2026 -- Flex (NASDAQ: FLEX) has introduced prefabricated AI Modules that integrate power, compute and liquid cooling, and it says they cut AI factory deployment timelines by up to 50% compared with traditional construction.

The modules are part of Flex's Cloud and Power Infrastructure (CPI) segment. Flex plans to separate that segment into Axiom Solutions International, Inc. (Axiom), an independent publicly traded company, in the first quarter of calendar 2027.

Axiom AI Modules combine three factory-built systems

The pre-engineered modules include an 800 VDC power rack for power conversion and distribution, advanced cooling distribution units (CDUs) for liquid cooling, and high-density IT racks. The IT racks integrate AI servers, networking and high-speed interconnects.

Flex Secures $2B Investment for Axiom at $37.5B Valuation Ahead of 2027 Spin-Off

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Flex Secures $2B Investment for Axiom at $37.5B Valuation Ahead of 2027 Spin-Off

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.