Flex's $4.4B EPC Power Buyout: A Bigger Bet on AI Data Center Growth?
Flex Ltd. is acquiring EPC Power for $4.4 billion to expand its AI infrastructure power capabilities, particularly in 800V data center power architectures. EPC Power is expected to generate $800 million in revenue in 2026 with 40% organic growth projected for 2027 and EBITDA margins expanding to approximately 30%. The acquisition will be integrated into Flex's CPI segment, which is planned to spin off as an independent public company in Q1 2027.