MOUNTAIN VIEW, CA -– Flex has invoked a breach of contract against enterprise cloud platform provider Tintri for failing to pay its account, and has discontinued ordering materials and shipping products for the OEM.

 On Jun 16, 2018, Tintri received a notice from Flextronics Telecom Systems notifying the company that it was in breach of the Flextronics Manufacturing Services Agreement dated Dec. 22, 2014, due to failure to pay past due amounts. Per the contract, Tintri had 15 days from the date of the notice to pay or the agreement would be terminated.

Under the terms of the agreement, Flex is Tintri's exclusive hardware manufacturer. Tintri has $9.8 million in purchase commitments to Flex, and additional commitments from noncancellable orders and existing inventory.

Last week, Tintri announced it would lay off 200 of its 250 workers in order to preseve cash.

Register now for PCB WEST, the largest trade show for the printed circuit and electronics industry in the Silicon Valley! Coming Sept. 11-13 to the Santa Clara Convention Center.

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