Flex to Acquire EPC Power in $4.4 Billion Deal
Flex announced it will acquire EPC Power for $4.4 billion, expected to close in Q4 2026. After the deal, EPC Power will become part of Flex’s Cloud and Power Infrastructure segment. EPC Power serves data centers, utility-scale energy storage and microgrids, adding exposure to power infrastructure demand tied to AI and supporting a planned spin-off of the CPI business, though growth could weaken if AI spending slows.