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Midas Medici Announces Sale of StraTech Assets to Datalink
Oct 02, 2012 (04:10 PM EDT)
NEW YORK, Oct. 2, 2012 /PRNewswire/ -- Midas Medici Group Holdings, Inc. ("Midas") (OTCQX: MMED), a global IT infrastructure and managed services company, today announced that it has signed a definitive agreement to sell substantially all of the assets of its StraTech brand to Datalink (NASDAQ: DTLK). The assets sold include all customer contracts and relationships and is expected to be effective on October 4th, 2012.
"We are pleased to have reached this significant agreement with Datalink," said Chairman, CEO and Co-Founder Nana Baffour. "It is consistent with our strategy of creating shareholder value from an efficient and profitable stewardship of our assets. Under our stewardship, StraTech has performed extremely well, including growing 30% over the past 24 months. "This sale is positive for our shareholders, as well as for our customers."
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SOURCE Midas Medici Group Holdings, Inc.