Flex Unveils Axiom As Its AI Infrastructure Spin-Off
Flex Ltd. to spin off Axiom Solutions (AXM) by Q1 2027 to meet rising AI and data center power demand. Read the full update.
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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.
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Flex Ltd. to spin off Axiom Solutions (AXM) by Q1 2027 to meet rising AI and data center power demand. Read the full update.
Dan Loeb’s Third Point acquired 1 million Flex shares worth about $166 million in the second quarter, as of June 30.
Filed: 2026-10-14 AccNo: 0001193125-26-421058 Size: 1 MB Item 1.01: Entry into a Material Definitive Agreement Item 2.01: Completion of Acquisition or Disposition of Assets Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
On October 9, 2026, Flex Ltd. (the "Company" or "Flex") and Amazon.com NV Investment Holdings LLC (the "Warrantholder") and Amazon.com Services LLC (the "Assignee"), wholly-owned