Flex entered a definitive agreement to acquire EPC Power for approximately $4.4 billion. This acquisition targets the growing demand for high-density power in AI data centers and utility-scale energy storage.
EPC Power develops intelligent power conversion systems. Its technology supports 800V data center architectures required for efficient AI workloads.
Flex will integrate the company into its Cloud and Power Infrastructure segment. The transaction is scheduled to close in the fourth quarter of 2026, subject to regulatory approvals.