Datalink Announces 3.3M Share Offering

Datalink DTLK, a leading provider of data center infrastructure and services, announced today that it plans to offer and sell, subject to market and other conditions, 3,300,000 shares of its common stock in an underwritten public offering. Datalink also plans to grant the underwriters a 30-day option to purchase up to an additional 495,000 shares to cover over-allotments, if any. Datalink intends to use the net proceeds from the offering for potential acquisitions of other businesses or technology that will complement its current business model and growth plans, although it has no present commitments or agreements to do so. Any amount of the net proceeds of this offering not used for acquisitions will be used for general corporate purposes. See full press release