Flex (FLEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Bertram Capital ("Bertram") announced today its portfolio company Anord Mardix has entered into an agreement with Flex (NASDAQ: FLEX), a global diversified manufacturer, pursuant to which Flex will acquire Anord Mardix. Headquartered in Kendal, UK, Anord Mardix is a leading global provider of critical power solutions and services for the data center and industrial markets. The $540 million all-cash transaction has been unanimously approved by Flex's Board of Directors and is expected to close in
Assembly Ventures, the first transatlantic mobility fund in the world, is proud to announce its investment into Our Next Energy Inc. (ONE), a Michigan-based energy storage solutions startup. ONE has demonstrated technologies that can double the range of electric vehicles, a key to increasing adoption. In addition to improving range, ONE is focused on lowering cost while adopting chemistries that don't pose a thermal runaway risk.