Flex plans to spin off AI data center infrastructure unit into listed company
deepseek / deepseek-v4-flash
- Flex plans to spin off its cloud and power infrastructure business into a separate publicly traded company by early 2027.
- The new company will focus on supplying power, cooling, and integrated systems for data centers.
- CEO Revathi Advaithi will lead SpinCo, while President Michael Hartung will become CEO of the remaining Flex.
- The spin-off is expected to be tax-free to shareholders and is targeted to close in Q1 2027.