Eden Prairie IT Firm Datalink Purchased By Insight Enterprises For $258 Million



screen-shot-2016-11-07-at-9-39-52-amVia News Release

“TEMPE, Ariz. & EDEN PRAIRIE, Minn.– Insight Enterprises (Nasdaq:NSIT), an Intelligent Technology Solutions™ provider (“Insight” or “the Company”), and Datalink Corporation (Nasdaq:DTLK), a leading provider of IT services and enterprise data center solutions (“Datalink”), have entered into a definitive merger agreement under which Insight will acquire Datalink for $11.25 per share in cash, representing a 19% premium to Datalink’s closing share price on November 4, 2016. The transaction implies an equity purchase price of approximately $258 million and an enterprise value of approximately $196 million (net of cash and debt acquired).”