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Flex Ltd has completed the acquisition of Crown Technical Systems company.
shanghai, November 26, 2024 / PRNewswire / -- Flex Ltd (NASDAQ: FLEX) recently announced the completion of the previously announced all-cash acquisition of Crown Technical Systems for $0.325 billion. Crown Technical Systems is a leading company focused on comprehensive integrated power distribution and protection systems. This acquisition further enhances Flex's exposure in the rapidly growing, increasingly profitable end markets (including the adoption of modular datacenters and medium voltage power distribution).
Flex Ltd acquires JetCool to expand datacenter and power product portfolio
The introduction of advanced liquid cooling technology addresses the increasing heat demands of ai workloads and high-performance computing. Shanghai, November 19, 2024 /PR Newswire/ -- Recently, flex ltd (nasdaq: FLEX) announced the acquisition of leading datacenter liquid cooling company JetCool Technologies. This acquisition enhances flex ltd's datacenter and electrical utilities product portfolio to assist hyperscale and enterprise customers in addressing the growing challenges of power, heat, and scale in the ai era. The partnership announced at the 2024 OCP global summit.
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