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Flex to Acquire EPC Power, Adding Leading Power Conversion Capabilities for AI Data Centers and Grid Applications

The deal adds EPC Power’s software-defined power conversion technology for AI data centers and grid applications to Flex’s portfolio.

  • On Thursday, September 3, 2026, Flex announced a definitive agreement to acquire EPC Power for $4.4 billion, strengthening its data center and electrical infrastructure capabilities.
  • Headquartered in California, EPC Power designs intelligent power conversion solutions for data centers and utility-scale energy storage, addressing critical demands during the current energy demand supercycle.
  • Flex Chief Executive Officer Revathi Advaithi called the acquisition a "generational shift in power architecture," positioning the company to deliver 800V power conversion for high-density AI workloads.
  • EPC Power is expected to generate approximately $800 million in 2026 revenue with approximately 40% organic growth projected for 2027, becoming part of Flex's Cloud and Power Infrastructure segment.
  • Following the transaction's expected closure in the fourth quarter of 2026, Flex plans to separate the Cloud and Power Infrastructure segment into an independent, publicly traded company in Q1 2027.
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Flex to Acquire EPC Power, Adding Leading Power Conversion Capabilities for AI Data Centers and Grid Applications

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PR Newswire broke the news in Chicago, United States on Thursday, September 3, 2026.
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