Black Box Corporation Announces Merger With Austria-Based Schoeller Connectivity.Business Editors PITTSBURGH--(BUSINESS WIRE)--July 6, 2000 Black Box Corporation (Nasdaq:BBOX) today announced a merger with Schoeller Connectivity Gmbh, a subsidiary of Schoeller Network Design Gmbh. Established in 1986 in Vienna Vienna, city and province, Austria Vienna (vēĕn`ə), Ger. Wien, city and province (1991 pop. 1,539,848), 160 sq mi (414 sq km), capital and largest city of Austria and administrative seat of Lower Austria, NE Austria, on , Austria, Schoeller Connectivity provides technical services and computer networking
Computer networking is the engineering discipline concerned with communication between computer systems or devices. products, including Black Box products, to the Austrian market place. Annual revenues of Schoeller Connectivity are approximately $2 million. Commenting on the merger, Roger E.M. Croft CROFT, obsolete. A little close adjoining to a dwelling-house, and enclosed for pasture or arable, or any particular use. Jacob's Law Dict. , Vice President of European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. and Latin American Operations of Black Box Corporation, stated, "Schoeller Connectivity, now Black Box Austria, is a highly regarded technical provider of computer networking solutions. This operation will provide a base for us to develop Black Box's technical services capabilities throughout Austria. Austria is a developing gateway to central Europe Central Europe is the region lying between the variously and vaguely defined areas of Eastern and Western Europe. In addition, Northern, Southern and Southeastern Europe may variously delimit or overlap into Central Europe. as well as a technically demanding market in its own right." 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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