Flex acquires Wink

Flex (NASDAQ: FLEX) said it has entered into an agreement to acquire Wink, a platform that enables smart products to work together seamlessly, and connect and communicate globally.

Upon completion of the acquisition, Flex will enhance its strategy of driving the Intelligence of Thingsâ„¢, and helping the world Live smarterâ„¢. Wink improves the functionality and usefulness of disparate devices in the home by allowing them to communicate with each other, while enhancing usability through a shared common interface in the Wink mobile app.

Flex has been a strategic partner to Wink, serving as their primary supplier of hardware and firmware, including the Wink HUB and Wink Relay, which include core IP developed within Flex.

After the acquisition, Wink will remain a separate entity and corporation, with its own management structure for day-to-day activities and operations. Flex will look to leverage Wink´s platform and provide current and future Flex customers with improved connectivity in a rapidly expanding open ecosystem.

Flextronics International Ltd. is a leading sketch-to-scaleâ„¢ solutions company that designs and builds intelligent products for a connected world. With approximately 200,000 professionals across 30 countries and a promise to help the world Live smarterâ„¢, the company provides innovative design, engineering, manufacturing, real-time supply chain insight and logistics services to companies of all sizes in various industries and end-markets.

Wink brings hundreds of smart products from 35 trusted brands together in a single app. With Wink, you can easily monitor and control your home through the Wink app on iOS or Android mobile devices.