Bloomberg
BizLink Holding Inc (貿聯) has agreed to acquire Blackstone Inc’s information and communications technology business Interplex Datacom.BizLink is to buy the Singapore-based business for an enterprise value of US$850 million in cash, the company said in a statement yesterday. The agreement also includes an additional US$50 million contingent consideration.The transaction is expected to be completed in the second half of this year, pending closing conditions, the company said.
BizLink Holding Inc chief executive officer Felix Teng, left, and another company official attend a news conference at the Taiwan Stock Exchange in Taipei yesterday.
Photo courtesy of BizLink Holding Inc
A partner of Nvidia Corp, Silicon Valley-headquartered BizLink makes a range of products from drone interconnects to ultrasound and magnetic resonance imaging systems, its Web site shows. The company’s shares are up 42 percent this year in Taipei, giving it a market value of US$13.3 billion.
