BIZLINK ACQUIRES BLACKSTONE'S INTERPLEX UNIT FOR $850M

The acquisition marks a significant expansion for BizLink, a provider of interconnect solutions and manufacturing services. Interplex Datacom specializes in ICT infrastructure and serves enterprise and data center markets. Blackstone, the global investment firm, has been actively divesting non-core assets as part of its portfolio optimization strategy. The sale of Interplex Datacom aligns with this approach. BizLink's purchase strengthens its position in the ICT sector and adds complementary capabilities to its existing operations. The deal is expected to close subject to customary closing conditions and regulatory approvals. Financial terms indicate an enterprise value of $850 million, though additional transaction details remain undisclosed. The acquisition reflects ongoing consolidation in the technology services and manufacturing sectors, where companies seek scale and expanded service offerings to compete in growing markets.