Flex (FLEX) announced it has acquired JetCool Technologies, a liquid cooling company for data centers. The acquisition bolsters Flex’s data center and power portfolio to help hyperscale and enterprise customers solve growing power, heat, and scale challenges in the era of AI. Building on the partnership announced at the 2024 OCP Global Summit, the deal brings together JetCool’s advanced cooling technologies and Flex’s expertise across IT and power infrastructure, global manufacturing and vertical integration for customers to deploy AI servers at scale.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on FLEX:
- Flex price target raised to $45 from $39 at Craig-Hallum
- Flex price target raised to $43 from $39 at Barclays
- Flex Ltd Reports Strong Q2 Fiscal 2025 Results
- Flex reports Q2 adjusted EPS 64c, consensus 56c
- Flex sees Q3 adjusted EPS 60c-66c, consensus 65c
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.