Subsidiary Cloud Network Technology Singapore Acquires Stake in Ingrasys Technology Mexico
Original: 代子公司Cloud Network Technology Singapore Pte. Ltd.公告取得 INGRASYS TECHNOLOGY MEXICO.股份
Summary
Hon Hai disclosed that its subsidiary Cloud Network Technology Singapore Pte. Ltd. has acquired shares of Ingrasys Technology Mexico, an intra-group transaction that likely supports Foxconn's expansion of AI server and cloud infrastructure manufacturing capacity in Mexico. Full body available on MOPS. The move aligns with Foxconn's broader nearshoring strategy to serve North American hyperscaler customers.
Full Translation
On behalf of subsidiary Cloud Network Technology Singapore Pte. Ltd., announcement of the acquisition of shares in INGRASYS TECHNOLOGY MEXICO. This represents an intra-group equity transaction whereby Foxconn's Singapore-based cloud networking subsidiary takes an ownership position in the group's Mexican Ingrasys entity, which is part of Foxconn's AI server and cloud infrastructure operations. [Body not available — subject line only. See MOPS for full announcement.]