Flex plans to spin off power infrastructure unit into separate company
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Flex Announces Intention to Spin Off its Cloud and Power Infrastructure Segment into a New Independent Publicly Traded Company
May 5, 2026 4:06 PM EDTSpin-off will create two companies with distinct growth strategies that are poised to drive significant customer and shareholder value
News summary
The new company ("SpinCo") will be a high-growth critical digital and electrical infrastructure company, delivering end-to-end power and thermal management technologies and integrated infrastructure systems for AI data centers and mission-critical applications.Flex will continue as a leading advanced manufacturing company, designing and building highly complex products and services at global scale for premier brands across diversified end... More