Black Box Corporation Announces Acquisition of Nu-Vision Technologies; Nu-Vision Technologies (NUVT) Represents Approximately $
May 02 2006 - 8:50AM
Business Wire
Black Box Corporation (NASDAQ:BBOX) today announced the acquisition
of Nu-Vision Technologies (NUVT) a privately-held company based out
of Amityville, NY. NUVT has an active customer base which includes
commercial, education and various government agency accounts.
Annual revenues of NUVT were approximately $55 million for the
twelve months ended December 31, 2005. Dwayne Diesu, former owner
and President of NUVT, commented, "We are excited about the
opportunity of joining Black Box and its world-class leadership
team. Our joining forces will extend and enhance our ability to
provide our customers with a broader suite of services." Dwayne
will remain active as Vice President and General Manager.
Commenting on the acquisition, Terry Blakemore, Vice-President of
Corporate Business Development, stated, "NUVT is an outstanding
company with a reputation for providing high quality voice and data
services. Together, we should be able to leverage our combined
strengths to enhance our national operating coverage and provide
our client base with the industry's best data, voice and hotline
technical services." This transaction is being accounted for as a
purchase. 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 168 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.
Black Box Corp. (NASDAQ:BBOX)
Historical Stock Chart
From Jun 2024 to Jul 2024
Black Box Corp. (NASDAQ:BBOX)
Historical Stock Chart
From Jul 2023 to Jul 2024