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Black Box Corporation Announces Merger With Communication Contractors, Inc.


PITTSBURGH--(BUSINESS WIRE)--Oct. 27, 1999--

Black Box Corporation (Nasdaq:BBOX) today announced a merger with Communication Contractors, Inc. Established in 1990 and based in Chicago Chicago, city, United States
Chicago (shĭkä`gō, shĭkô`gō), city (1990 pop. 2,783,726), seat of Cook co., NE Ill., on Lake Michigan; inc. 1837.
, Illinois Illinois, river, United States
Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway.
, privately-held Communication Contractors provides technical design, installation and maintenance services for premise cabling and related products to customers throughout the greater Chicago region. Communication Contractors has annual revenues of approximately $10 million.

This is the twenty-second merger since January January: see month.  1998 and the eighth of Fiscal Year 2000 as Black Box continues to expand its worldwide technical support service offerings.

Commenting on the merger, Fred (Friendly Rollabout Engineered for Doctors) A mobile medical conferencing unit. See videoconferencing.

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 C. Young, Chief Executive Officer of Black Box Corporation, stated, "We are excited to announce our entry into the Chicago market with Communication Contractors. They clearly fit "only the best" criteria. Through a combination of a great team and a great market we have high expectations for profitable growth for Chicago."

Edman Lis, Brad Thieme Thieme may mean:
  • Allan (Al) R. Thieme (1937-), inventor of the Amigo—first power operated vehicle/scooter—for persons with walking disabilities in 1968
  • Anthony Thieme (1888-1954), a landscape and marine painter
 and Christopher Walsh Walsh has several meanings: Mathematics
  • Walsh matrix, an orthogonal matrix with several useful properties
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Places
  • Walsh, Colorado
  • Walsh County, North Dakota
, owners of Communication Contractors, said, "Black Box's commitment to quality of service, product availability and 24-hour technical support will greatly enhance our position in the Chicago marketplace. We are very excited about the opportunities this relationship will bring for our customers." Mr. Lis will continue to serve as President of Communication Contractors, Mr. Thieme will continue to serve as Vice President and Mr. Walsh will continue to serve as Chief Financial Officer.

Mr. Young went on to say, "We remain committed to achieving our goal of $200 million in annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 revenues for on-site services. This would be almost a four-fold increase from last year's $55 million."

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 computer communications and networking services and related products to businesses of all sizes, operating in 77 countries throughout the world.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 27, 1999
Words:301
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