Flex Acquires EPC Power to Boost AI Data Center Power Capabilities…

Event summary

Flex completed the acquisition of EPC Power on October 14, 2026.
EPC Power brings 15 GW of deployed power conversion technology for data centers and grid applications.
The acquisition strengthens Flex's Cloud and Power Infrastructure segment ahead of its planned spin-off in Q1 2027.
EPC Power's technology supports next-generation 800V data center power architectures.

The big picture

Flex's acquisition of EPC Power positions it to capitalize on the surging demand for power-efficient AI data centers. The move comes as Flex prepares to spin off its Cloud and Power Infrastructure segment, highlighting the strategic importance of power conversion technology in the AI era. The deal underscores the growing need for resilient and integrated power solutions in data center operations.

What we're watching

Integration Challenges: How Flex will integrate EPC Power's U.S.-based engineering and manufacturing capabilities into its existing operations.
Spin-Off Execution: Whether the planned spin-off of the Cloud and Power Infrastructure segment will proceed as scheduled in Q1 2027.
Market Demand: The pace at which demand for higher-density AI infrastructure and 800V data center power architectures will grow.