Black Box Corporation Announces Merger With Ascor bvba.Business Editors PITTSBURGH--(BUSINESS WIRE)--July 7, 2000 Black Box Corporation (Nasdaq:BBOX) today announced a merger with Ascor bvba. Established in 1985 in Mechelen Mechelen (mĕkh`ələn), Fr. Malines, commune (1991 est. pop. 75,000), Antwerp prov., N central Belgium, on the Dijle River. In English it is also known as Mechlin. , Belgium Belgium (bĕl`jəm), Du. België, Fr. La Belgique, officially Kingdom of Belgium, constitutional kingdom (2005 est. pop. 10,364,000), 11,781 sq mi (30,513 sq km), NW Europe. , privately held Ascor provides technical design, installation and maintenance services for premise cabling and related products to customers throughout Belgium. Annual revenues of Ascor are approximately $2 million. Commenting on the merger, Pierre P. Careme, General Manager of Black Box Belgium, stated, "The merger with Ascor, following our merger with Indacom in March, now gives Black Box Belgium a complete range of phone and on-site technical services, which include premise cabling and related networking services." Philippe Sanders San´ders n. 1. An old name of sandalwood, now applied only to the red sandalwood. See under Sandalwood. , owner of Ascor, said, "We have worked closely with Black Box and Indacom in the past. We know the technical culture of all three companies. Working together as Black Box Network Services will give our Belgian Belgian having some relationship to Belgium. Belgian barge dog see schipperke. Belgian black pied cattle black, Belgian dairy cattle. Belgian blue dual-purpose cattle; blue, white or blue roan. customers a complete one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. for network services. We are very excited about the future together." Mr. Sanders will serve as Business Unit Manager of Ascor and will report to Mr. Careme. This transaction is being accounted for as a purchase. The purchase price has not been disclosed. Black Box is a leading worldwide technical service provider of network services and related products to businesses of all sizes, servicing customers in 132 countries throughout the world. |
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