Black Box Corporation Announces Acquisition of CBS Technologies Corp.
October 27 2009 - 12:03PM
Business Wire
Black Box Corporation (NASDAQ:BBOX) today announced the
acquisition of CBS Technologies Corp. (CBS), a privately-held
company headquartered in Islandia, NY. CBS has an active customer
base which includes commercial, education and various government
agency accounts. Annual historical revenues of CBS are
approximately $12 million.
Robert Corvalan, former CBS President, commented, “We are
excited and energized about this fantastic opportunity with Black
Box to continue to grow our New York customer base with the added
resources of Black Box including their vast selection of voice and
data products. We look forward to becoming an integral part of the
Black Box family.” Mr. Corvalan will report to Paul Anthony,
Regional General Manager.
Commenting on the acquisition, Mr. Anthony stated, “We are
excited to join forces with a high-quality competitor in the New
York market. This strategic acquisition adds tremendous strength
and expertise to our presence in the Northeast region.”
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 more than 175,000 clients in 141 countries with 194
offices throughout the world. To learn more, visit the Black Box
Web site at http://www.blackbox.com.
Black Box® and the Double Diamond logo are registered trademarks
of BB Technologies, Inc.
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