Tag Archives: Flex spinoff

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

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 »

Flex Flexes Its AI Infrastructure Muscle With Planned Spinoff

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 »