Black Box Corporation Announces Merger With Duracom, Inc.Business & High-Tech Editors PITTSBURGH--(BUSINESS WIRE)--Aug. 15, 2000 Black Box Corporation (Nasdaq:BBOX) today announced a merger with Duracom, Inc. Established in 1991 in Seattle, Washington  This page is protected from moves until disputes have been resolved on the .The reason for its protection is listed on the protection policy page. , privately held Duracom provides technical design, installation and maintenance services for telecommunication telecommunication Communication between parties at a distance from one another. Modern telecommunication systems—capable of transmitting telephone, fax, data, radio, or television signals—can transmit large volumes of information over long distances. , premise cabling and related products to customers primarily in the greater Seattle and Portland, Oregon Oregon, city, United States Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products. areas. Annual revenues of Duracom are approximately $4 million. Commenting on the merger, Fred C. Young, Chief Executive Officer of Black Box Corporation, stated, "Duracom is an outstanding technical services company participating in two great markets. Duracom is very complementary to our existing Seattle operations, which we will combine in the near-term, and provides us a new market presence in Portland." Jon Durand, President and owner of Duracom said, "Duracom is very excited to join Black Box Network Services, the largest and best network infrastructure service provider in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . This merger will help bring our superior services and products to our customers on a local, regional, national and worldwide level." Mr. Durand will serve as President of the combined operations For the department of the British War Office during World War II, see . In the military, combined operations are operations conducted by forces of two or more allied nations acting together for the accomplishment of a single mission. See also
Duane W. Parrish, newly appointed to the position of Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Black Box Network Services - Seattle/Portland Operations, said, "We're excited to have the expertise and reputation Duracom brings to Black Box Network Services. This merger will enhance and expand our service offerings, which is a great benefit for all of our customers." 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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