and Europe. In 2012, Flextronics incubated Elementum, a start-up supply chain management (SCM) company based in Mountain View, California. In 2014, Elementum was spun off from Flextronics as its own separate entity. In 2014, Flextronics was named as the manufacturer of the Fitbit Force by the US Consumer Product Safety Commission in the context of a complete recall of the product due to rashes developing on the wrists of its users. In July 2015 the company announced it changed the company name from Flextronics to Flex. In September 2015, Flex acquired Nextracker, one of the leading solar tracker companies, for $330 million. In November 2015, Flex, acquired Wink smart home platform to bring the Intelligence of Things "Home". 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 intellectual property developed within Flex. In July 2017, Flex sold Wink to i.am+ for $38.7 million. On 31 December 2018, Michael M. McNamara resigned as the company's Chief Executive Officer. McNamara worked at Flex for twenty-four years. He served as the company's CEO from 2006 to 2018. At the time of his retirement, Flex had $25 billion in revenue and over 200,000 employees worldwide. The Board of Directors hired an executive recruiting company to assist with its search for a new CEO. On 11 February 2019, Flex announced Revathi Advaithi as CEO. Prior to Flex, Advaithi was president and chief operating officer for the Electrical Sector business for Eaton Corporation. Controversies Breach of contracts Flextronics was sued in what was apparent in breach of contract with Beckman Coulter Inc., a maker of medical devices. The case dates from 1997, when Beckman Coulter entered into an agreement with Dovatron, a unit of the Dii Group, to provide circuit boards for a Beckman blood analyser. Flextronics acquired the Dii Group in 1999 and, according to Beckman, shortly thereafter Flextronics refused to provide the circuit boards unless it bought other electronic components from the company. Beckman filed suit in early 2001, seeking $2.2 million in damages, which were cited as the costs incurred in having to retool one of its plants to manufacture the circuit boards in-house. At the end of the trial, Flextronics paid $23 million for the damages. Leak of USB charger confidential shipment data A former Flextronics executive pleaded guilty to committing wire fraud and