March 1 (Reuters) - Wifi solutions provider Boingo Wireless Inc will be taken private in a $854 million deal by infrastructure investment firm Digital Colony Management Llc, the companies said on Monday.

Boingo shareholders will receive $14 per share, representing a premium of 22.8% to the stock's last close. (Reporting by Munsif Vengattil in Bengaluru; Editing by Devika Syamnath)