Flex to acquire EPC Power in $4.4 billion deal
Flex said it will acquire power conversion systems maker EPC Power in a deal valued at $4.4 billion to strengthen its AI data center and power infrastructure offerings.
Story updates
09:01:30 PM UTC
SquawkNews
By Paul ZiobroFlex is buying EPC Power in a $4.4 billion deal, and plans to include the company in the upcoming spin off of its cloud and power infrastructure segment.EPC Power provides power conversion solutions for data center and grid applications, which Flex anticipates will help it capitalize…
Flex said it is buying EPC Power in a $4.4 billion deal and plans to fold the company into the planned spin-off of its cloud and power infrastructure segment. EPC Power provides power conversion solutions for data center and grid applications, which Flex said it expects will help it capitalize on those markets.