Mergers & Acquisitions ·
Flex Ltd. announced updates regarding its planned separation of the Cloud and Power Infrastructure business into an…
FLEXFlex Ltd.
Flex Ltd. announced updates regarding its planned separation of the Cloud and Power Infrastructure business into an independent company named Axiom Solutions International, Inc., expected to close in Q1 2027. The filing details the post-separation board compositions for both entities, including four new director appointments: George R. Oliver and Brian Yoor to Flex, and Mark Eubanks and David Johnson to Axiom. Additionally, Amy B. Schwetz will join Flex as CFO of its Regulated Manufacturing Services and Integrated Technology Services segments on October 5, 2026, with expectations to serve as Flex's CFO post-separation. The company operates in the electronics manufacturing services industry.