Flextronics Establishes Lab IX Accelerator Program To Support Early-Stage Disruptive Technology Companies
MILPITAS, Calif., July 23, 2013 /PRNewswire/ -- Flextronics (NASDAQ: FLEX) today announced that it has created an accelerator business that will provide a broad range of support to early-stage game-changing, disruptive technology companies incorporating hardware and software innovation.
Lab IX is co-located in Milpitas, California, with Flextronics' Product Innovation Center that was announced earlier this year. Lab IX offers office and shop space, new product introduction services, design and advanced engineering support, and access to Flextronics' global supply chain and manufacturing expertise.
"We are excited to offer Lab IX services to help growing technology companies take their products to market and the next level," said Mike McNamara, CEO of Flextronics. "We believe that engaging with game-changing companies at an early stage will not only benefit Flextronics, but will provide those companies with the ability to leverage a wealth of experience in hardware design, manufacturing and logistics from all of the Flextronics business units and specialized partners in an unprecedented scale."
Lab IX will focus on applicant companies with less than three years of product development and comprise small teams of technically-minded leaders. To contact Lab IX direct, please email LabIX@flextronics.com.
Flextronics is a leading end-to-end supply chain solutions company that delivers design, engineering, manufacturing and logistics services to a range of industries and end-markets, including data networking, telecom, enterprise computing and storage, industrial, capital equipment, appliances, automation, medical, automotive, aerospace and defense, energy, mobile, computing and other electronic product categories. Flextronics is an industry leader with $24 billion in sales, generated from helping its customers design, build, ship, and service their products through an unparalleled network of facilities in more than 30 countries and across four continents. Flextronics' service offerings and vertically integrated component technologies optimize customer supply chains by lowering costs, increasing flexibility, and reducing time-to-market. For more information, visit www.flextronics.com or follow us on Twitter @flextronics.