Insight Enterprises

CEO: Kenneth Lamneck

Dec. 30, 2016: $40.44

March 31, 2017: $41.09

Change: +1.61%

On Nov. 7 Insight Enterprises, No. 15 on the CRN Solution Provider 500, reached an agreement to acquire Datalink for $11.25 per share or $258 million. Datalink, No. 45 on the CRN Solution Provider 500, was one of the channel's biggest pure-play data center solution providers and had sales of $547.8 million in the first nine months of 2016.

Insight Enterprises, a major Microsoft and Cisco channel partner based in Tempe, Ariz., completed the Datalink acquisition on Jan. 6. Insight said the acquisition strengthens its competitive position, through global scale and technical talent, in delivering on-premise and cloud data center solutions.

In February Insight reported that for all of 2016 sales grew 2 percent to $5.49 billion from $5.37 billion in 2015. Net income for the year was $84.7 million, up 12 percent from $75.9 million in 2015.