Flex Agrees to Buy EPC Power for $4.4 Billion for AI Data Centers
Flex has agreed to acquire EPC Power for $4.4 billion to expand its electricity infrastructure exposure for AI data centers. The deal is expected to close in Q4 2026, subject to regulatory approvals, and Flex plans to fund it with a mix of debt and equity. EPC Power makes power conversion equipment aimed at 800-volt DC systems, and Flex plans to separate its Cloud and Power Infrastructure business into an independent public company in Q1 2027.