{
  "id": 5738685,
  "title": "Flex to Buy EPC Power for $4.4 Billion in AI Data Center Push",
  "url": "https://urgent.news/2026/09/04/flex-to-buy-epc-power-for-4-4-billion-in-ai-data-center-push",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-04T01:47:30.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/technology/ai/articles/flex-buy-epc-power-4-014730069.html"
  },
  "original_language": "en",
  "account": "Flex has reached an agreement to purchase EPC Power, a leading manufacturer of power conversion equipment, in a deal valued at $4.4 billion. The transaction is anticipated to conclude in the fourth quarter of 2026, contingent upon regulatory clearances and other standard prerequisites. Flex plans to finance the acquisition through a mix of debt and equity. EPC Power, a California-based company, specializes in developing power conversion systems for data centers, utility-scale energy storage, and microgrids. Their technology encompasses rectifiers and DC-to-DC conversion systems, which are being designed for the emerging 800-volt direct-current power architecture, a critical component of power-intensive AI computing facilities. EPC Power has installed over 15 gigawatts of equipment across 62 countries, with an annual U.S. manufacturing capacity projected to surpass 30 GW by 2027. The company is expected to generate approximately $800 million in revenue in 2026. Flex anticipates organic revenue growth of around 40% in 2027 for EPC Power, with an EBITDA margin forecast of about 30%. The acquisition will integrate EPC Power into Flex's Cloud and Power Infrastructure business, which the company intends to separate into an independent public company in the first quarter of 2027. This strategic move aims to address infrastructure bottlenecks accompanying the rapid expansion of AI data centers. Power delivery has become a significant constraint on AI growth as computing racks demand increasingly higher electricity consumption. NVIDIA is advocating for an 800 VDC architecture for next-generation AI facilities, claiming that higher-voltage DC distribution can decrease conversion losses, current requirements, and the amount of copper needed to power dense computing systems. By acquiring EPC Power, Flex gains specialized capabilities in power conversion and grid-facing infrastructure, expanding their exposure to the evolving AI landscape. This acquisition represents a substantial bet by Flex on the AI investment cycle's potential to extend beyond processors and servers into the electrical equipment required to connect massive computing facilities to the grid.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}