Market Overview

StraTech To Sell Assets To Datalink


StraTech, a brand of Midas Medici Group Holdings, Inc. (OTCQX: MMED), announced a definitive agreement to sell substantially all of the assets, and liabilities, to Datalink (NASDAQ: DTLK), effective October 4, 2012. StraTech is an IT infrastructure and services firm that shares Datalink's focus on optimizing enterprise data centers and IT infrastructure through a common product and services portfolio.

The transaction has been approved by the board of directors of both Datalink and StraTech, and is expected to close on or about October 4, 2012, upon satisfaction of certain closing conditions.

Conference Call and Webcast Datalink will hold a conference call once the transaction closes, which is anticipated to be on October 4, 2012. Conference call details will be provided once the actual closing date is known.

Posted-In: News Asset Sales


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