Tag Archives: AI infrastructure

Flex Names Axiom (AXM); Form 10 Reveals $6.6 Billion AI Infrastructure Business

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Flex transitioning to Axiom Solutions International, with data center infrastructure representing Axiom’s power, cooling and compute businesses.

When Flex announced plans in May to separate its Cloud and Power Infrastructure business, we said the Form 10 would tell us far more than the announcement. The AI-infrastructure story was attractive, but investors still lacked standalone revenue, margins, customer concentration and capital-structure details. That filing arrived Tuesday. The future company is now Axiom Solutions International, and it… Read More »

Solstice Makes Its First Big Move After Honeywell Spinoff

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Solstice Advanced Materials acquiring Element Solutions, combining specialty materials with electronics and semiconductor materials

Solstice Advanced Materials is wasting little time as an independent company. Less than a year after Honeywell completed the Solstice spinoff, Solstice agreed to acquire Element Solutions in a cash-and-stock transaction valued at approximately $14.5 billion, including the assumption of net debt. Element shareholders will receive $10 in cash and 0.500 shares of Solstice common stock for each… Read More »

Flex Flexes Its AI Infrastructure Muscle With Planned Spinoff

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Flex AI infrastructure spinoff graphic showing data center servers, power and cooling systems, and a planned 2027 SpinCo

When I saw the headline, I had an immediate question: Flex? Then I read the press release and it dawned on me. Was this the company formerly known as Flextronics? Ten seconds of googling confirmed the hunch, though I was surprised to find that the name change happened back in 2015. I think I had hair back then,… Read More »