Flex Expands Data Center Power Portfolio With $4.4 Billion Epc Power Deal
Flex shares rise after agreeing to acquire EPC Power for $4.4 billion, adding power conversion and grid-forming technology for data centers and utilities.
Flex is buying a company called EPC Power for $4.4 billion to get better technology for powering data centers and electrical grids. This shows Flex is betting big on data center power, which is growing fast as computers need more electricity.
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