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Flex enhances data center solutions with acquisition of JetCool Technologies

PUBLIC · FLEXNov 14, 2024

Acquiring Company

Flex Ltd

Acquired Company

JETCOOL Technologies

AustinLittletonManufacturingOtherManufacturing

Description

Flex, a global manufacturing leader, has completed the acquisition of JetCool Technologies, a company specializing in advanced liquid cooling systems. This strategic move is aimed at integrating JetCool's liquid cooling technology into Flex's portfolio to offer improved performance and efficiency for hyperscale and enterprise data centers grappling with the challenges of heat and scale.

Quick answer

Flex Ltd is acquiring JETCOOL Technologies, announced November 14, 2024. Flex Ltd is based in Austin, Texas, United States.

How much did Flex Ltd pay for JETCOOL Technologies?
The deal value was not disclosed.
What does Flex Ltd do?
Flex Ltd. is a global leader in manufacturing and technology services, specializing in flexible and innovative solutions across various sectors.
Where are Flex Ltd and JETCOOL Technologies based?
Flex Ltd is based in Austin, Texas, United States. JETCOOL Technologies is based in Littleton, Massachusetts, United States.
Who are the decision-makers at Flex Ltd?
Fundz holds 2 contacts at Flex Ltd. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Flex Ltd

Location

Austin, Texas, United States

About

Flex Ltd. is a global leader in manufacturing and technology services, specializing in flexible and innovative solutions across various sectors. The company focuses heavily on high-margin segments such as data centers, propelled by significant demand for AI and cloud computing infrastructure. With a robust financial structure, Flex is well-positioned to capitalize on growth opportunities and enhance its operational capabilities. Its advanced digital transformation initiatives underscore its commitment to leveraging technology for efficiency and scalability.

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Frequently asked

Who acquired JETCOOL Technologies?

JETCOOL Technologies was acquired by Flex Ltd, based in Austin. The deal was reported on November 14, 2024. Flex Ltd. is a global leader in manufacturing and technology services, specializing in flexible and innovative solutions across various sectors. Flex Ltd is publicly traded (FLEX) and operates in Manufacturing.

When did Flex Ltd acquire JETCOOL Technologies?

Flex Ltd's acquisition of JETCOOL Technologies was reported on November 14, 2024. Flex, a global manufacturing leader, has completed the acquisition of JetCool Technologies, a company specializing in advanced liquid cooling systems. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does JETCOOL Technologies do?

JetCool is a leading liquid cooling provider for AI-driven data centers and high-performance computing trusted by OEMs, hyperscalers, and chipmakers. It is privately held, operating in Other, and is based in Littleton.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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