BizLink nears acquisition of Blackstone’s Interplex Datacom in $850 million deal

Taiwanese electronics manufacturer BizLink Holding Inc. is in talks to acquire Blackstone Inc.’s Interplex Datacom business, according to multiple reports. Bloomberg says BizLink is nearing a deal for Blackstone’s information and communications technology unit of Interplex, citing people familiar with the matter. Another Bloomberg report states BizLink has agreed to acquire Interplex Datacom, Blackstone’s information and communications technology business, in an $850 million transaction. Seeking Alpha similarly reports that Blackstone will sell Interplex Datacom to BizLink in an $850 million deal. The Taipei Times adds that the purchase is for US$850 million in cash. The reports do not provide further deal terms, timing, or regulatory milestones, nor do they specify how the acquisition is expected to be financed or integrated. Overall, the coverage is consistent that the buyer is BizLink, the asset is Interplex Datacom (part of Blackstone’s Interplex unit), and the stated consideration is $850 million.