We continue to seek new ways to help your organization run smarter. The addition of Datalink and its data center platform provides us with the strongest full-solution portfolio in the industry, ensuring we are well equipped to help you modernize and optimize the data center to drive business impact.
More than ever, we can help you embrace IT transformation through Intelligent Technology Solutions™.
— Ken Lamneck, President and Chief Executive Officer, Insight
When we say we are an Intelligent Technology Solutions provider, it is indicative of our deep partnerships with clients and partners, our strategic technologies and robust offerings, and our talented team.
Through our merger with Datalink, we’ve added differentiated data center expertise to our strong heritage in software, hardware and related services. Together, we’ll be positioned to listen to your challenges, understand your business needs and make meaningful connections to help your organization run smarter.
What was announced?
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 merger agreement under which Insight acquired Datalink.
Who is Datalink?
Datalink is a complete data center services and solutions provider, committed to transforming data centers to become more efficient, manageable and responsive to changing business needs. Its commitment to client outcomes and progressive culture are in line with Insight’s purpose to make meaningful connections to help businesses run smarter.
What are the terms of this transaction?
Insight acquired Datalink for $11.25 per share in cash. The transaction is valued at approximately $196 million (net of cash and debt acquired) and represents a premium of 19% to Datalink’s closing share price on Nov., 2016.
What are the key benefits for clients?
What are the key benefits for partners?
For additional details, please refer to Insight’s Investor Relations site.