Flex outlines USD 4.4 billion EPC Power acquisition to expand grid-forming power conversion for AI data centers
Reuters2026/09/03 20:11- Flex outlined a plan to buy EPC Power for $4.4 billion, expanding power-conversion capabilities for AI data centers and grid applications.
- EPC Power is expected to generate about $800 million revenue in calendar 2026, with organic revenue growth of about 40% expected in 2027.
- EBITDA margin is projected to rise by double-digit percentage points to about 30% in 2027.
- The deal is expected to close in the fourth quarter of calendar 2026, subject to regulatory approvals and customary closing conditions.
- Funding is expected to combine debt with equity; EPC Power would join the Cloud and Power Infrastructure segment ahead of a planned Q1 2027 separation.
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