Black Box Corporation Announces Acquisition of Universal Solutions of North America, L.L.C.; Universal Solutions of North Americ
August 12 2005 - 2:57PM
Business Wire
Black Box Corporation (NASDAQ:BBOX) today announced the acquisition
of Universal Solutions of North America, L.L.C. Universal Solutions
is a privately held company founded in 1998 with 12 regional
offices, with customers in 14 states, who provide planning,
installation and maintenance services for voice and data network
systems. Robert Scott, former CEO of Universal Solutions,
commented, "We are extremely excited about joining a world class
provider of converged data, voice and hotline solutions. With Black
Box's worldwide presence and technical expertise, we will be able
to provide industry leading solutions to our customers in an
increasingly complex environment, anytime anywhere." Mr. Scott will
remain active in the new company and will report to Gary Williams,
General Manager of Black Box Voice Services. Commenting on the
merger, Gary Williams stated, "We are pleased with the addition of
the Black Box Universal Solutions team. This addition will provide
Black Box clients with the strongest data, voice and hotline
products and services in the industry." This transaction is being
accounted for as the result of an asset purchase agreement. The
purchase price has not been disclosed. About Black Box Black Box is
the world's largest technical services company dedicated to
designing, building and maintaining today's complicated data and
voice infrastructure systems. Black Box services 152,000 clients in
141 countries with 126 offices throughout the world. To learn more,
visit the Black Box website at www.blackbox.com. Black Box and the
Double Diamond logo are registered trademarks of BB Technologies,
Inc.
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