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flag Flex acquires Crown Technical Systems for $325M to boost data center and power solutions.

flag Flex has completed its $325 million cash acquisition of Crown Technical Systems, a company specializing in power distribution systems. flag This move is intended to enhance Flex's offerings in data centers and power solutions, entering high-growth markets and aiming to create long-term value. flag Crown Technical Systems is projected to generate about $120 million in revenue with a strong profit margin in the coming fiscal year.

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