In November of 1999, DLZ Holding Corporation purchased the outstanding shares of Digital Link Corporation through tender offer and privatized the company. Digital Link lives on in the same carrier class, highly respected products we have delivered for a decade and a half. Quick Eagle owns the Digital Link franchise and continues to promote the products. On the contrary, DLZ was the vehicle the management of Digital Link utilized to take the company private.
Every technology company wants to be public.
Being a public company is a double-edged sword. The same analysts take a very dim view of 'bet the company' kinds of strategies. While Microsoft, Sun and a few others have successful history of such moves, most companies pursuing such strategies are roundly punished in the markets. Digital Link needed to reposition itself completely in the marketplace and privatization was far and away the way to maximize the value for existing shareholders. We've also been able to place the company in quasi-stealth mode in order to retool our product lines and prepare for the next wave in network access.