Black Box Corporation Announces Merger With HL Service.Business Editors PITTSBURGH--(BUSINESS WIRE)--March 21, 2000 Black Box Corporation (Nasdaq:BBOX) today announced a merger with HL Service. Established in 1997 in Rayland, Ohio Rayland is a village in Jefferson County, Ohio, United States, along the Ohio River. The population was 434 at the 2000 census. Geography Rayland is located at (40.183277, -80.690971)GR1. , privately-held HL Service provides technical design, installation and maintenance services for the network infrastructure of 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. providers primarily in Western Pennsylvania Western Pennsylvania consists of the western third of the state of Pennsylvania in the United States. Pittsburgh is the largest city in the region, with a metropolitan area of about 2.4 million people, and is the cultural center for Western Pennsylvania. . Annual revenues of HL Service approximate $1 million. Commenting on the merger, Robert Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. A. McClain, President of Black Box Network Services - Pittsburgh, said, "With the addition of HL Service, not only do we increase our market share here in Pittsburgh, but the complementary services HL brings to Black Box will enhance our future growth prospects in this region. HL Service's ability to provide subscriber line The line from the customer site to the local telephone company. See subscriber network. enhancements is a perfect fit for us." Scott Hockenbury, President and owner of HL Service, said, "The merger with Black Box is a great opportunity for our customers and employees. I look forward to the future." Mr. Hockenbury will serve as a senior manager for Black Box Network Services - Pittsburgh, reporting to Mr. McClain. 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. |
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