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Flex Announces $2.0 Billion Convertible Preferred Investment into Axiom

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Value
$2.0Bn
Acquirer
General Catalyst, Koch Equity Development, and co-investors
Target
Axiom (Flex's Cloud and Power Infrastructure segment)

Flex has announced a $2.0 billion convertible preferred investment into its Cloud and Power Infrastructure segment, Axiom. The investment is led by General Catalyst with participation from Koch Equity Development and other co-investors, aimed at supporting Axiom's long-term growth.

Read the original at PR Newswire →2026-10-05North America
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