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Leader in custom-engineered, fully integrated power distribution and protection systems Extensive modular solutions and medium voltage switchgear capabilities are synergistic to the Flex data center power portfolio Extends Flex's presence into the growing utility power market and supports further growth in the U.S. data center power market AUSTIN, Texas , Oct. 17, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today that it has entered into a definitive agreement to acquire Crown Technical Systems, a leader in fully integrated power distribution and protection systems, for $325 million in an all-cash transaction. The transaction is expected to be accretive in the first year after closure.
HAMILTON, Bermuda , Oct. 16, 2024 /PRNewswire/ -- Flex LNG announces that CFO Knut Traaholt will be meeting with investors in the US and Canada as part of a non-deal roadshow. The presentation used is attached hereto and is also available on our web page.
New Flex solutions enable cloud service providers to address power, heat, and scale challenges in the AI era News summary Flex launches new compute, rack, and intermediate bus converter products for AI data centers Flex and JetCool® partner for direct-to-chip liquid cooling Flex's ORv3-compatible rack integrated with single-phase liquid cooling, enabled for two-phase liquid cooling SAN JOSE, Calif. , Oct. 14, 2024 /PRNewswire/ -- OCP Global Summit -- Flex (NASDAQ: FLEX) today announced new reference platforms for liquid-cooled servers, rack, and power products that will enable customers to sustainably accelerate data center growth.
LITTLETON, Mass.--(BUSINESS WIRE)--JetCool, a leading liquid cooling company for data centers, and Flex (NASDAQ: FLEX) today announced a partnership to address the growing demand for AI servers and high-density compute from hyperscalers and enterprise customers. The companies are building rack-level solutions, including a new line of co-designed liquid cooling-ready servers that are compliant with Open Compute Project (OCP) specification. The new servers leverage JetCool's patented microconvect.
AUSTIN, Texas , Oct. 9, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its second quarter fiscal 2025 financial results before the market opens on Wednesday, October 30, 2024. The company will hold a conference call to discuss the results on the same day at 7:30 AM (CT) / 8:30 AM (ET).
AUBURN HILLS, Mich. , Oct. 9, 2024 /PRNewswire/ -- What kind of future is there for a legendary muscle car?
Flex (FLEX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
HAMILTON, Bermuda , Oct. 3, 2024 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" and/or the "Company") (NYSE: FLNG) (OSE: FLNG) is pleased to announce today that the aggregate $430 million of new financings announced in the Q2-2024 report have been completed according to plan with net proceeds of about $97 million. On September 24, 2024, the new $270 million bank facility financing Flex Aurora and Flex Ranger was completed, and the previous $375 million bank facility was repaid in full.
FLEX's performance is buoyed by healthy demand trends across cloud/AI, automotive and digital healthcare amid weakness in the core industrials vertical.
HAMILTON, Bermuda , Sept. 20, 2024 /PRNewswire/ -- Flex LNG Ltd.