Flex

San Jose – October 12, 2026 -- Flex (NASDAQ: FLEX) has introduced prefabricated AI Modules that integrate power, compute and liquid cooling, and it says they cut AI factory deployment timelines by up to 50% compared with traditional construction.

The modules are part of Flex's Cloud and Power Infrastructure (CPI) segment. Flex plans to separate that segment into Axiom Solutions International, Inc. (Axiom), an independent publicly traded company, in the first quarter of calendar 2027.

Axiom AI Modules combine three factory-built systems

The pre-engineered modules include an 800 VDC power rack for power conversion and distribution, advanced cooling distribution units (CDUs) for liquid cooling, and high-density IT racks. The IT racks integrate AI servers, networking and high-speed interconnects.

Austin, Texas – October 05, 2026 -- Flex (NASDAQ: FLEX) has agreed to sell $2.0 billion of Series A Convertible Preferred Stock in Axiom Solutions International, its Cloud and Power Infrastructure segment, to funds affiliated with General Catalyst, Koch Equity Development, and co-investors, at an initial enterprise value of $37.5 billion for Axiom.

Flex Targets Q1 2027 for Axiom's Independent Public Listing

Flex intends to separate Axiom into an independent, publicly traded company in the first quarter of calendar 2027, with the current investment structured to apply solely to Axiom on a pro-forma basis once the separation completes.