Black Box Corporation Announces Merger With TW Netzwerkservice Gmbh; On-Site Operations Now Established In Twelve Countries.Business & High-Tech high-tech also hi-tech adj. Informal Of, relating to, or resembling high technology. high-tech Adjective same as hi-tech Adj. 1. Editors PITTSBURGH--(BUSINESS WIRE)--Jan. 8, 2002 Black Box Corporation (Nasdaq:BBOX) today announced a merger with TW Netzwerkservice Gmbh. Established in 1994 in Ramerberg Ramerberg is a town in the district of Rosenheim in Bavaria in Germany. • • [ , Germany Germany (jûr`mənē), Ger. Deutschland, officially Federal Republic of Germany, republic (2005 est. pop. 82,431,000), 137,699 sq mi (356,733 sq km). , privately held TW provides technical design, installation and maintenance services for premise cabling and related products to customers in Southern Germany The term Southern Germany (German: Süddeutschland) is used to describe a region in the south of Germany. The exact area defined by the term is not constant, but it usually includes Bavaria, Baden-Württemberg, and the southern part of Hesse. . Annual revenues of TW are approximately $1 million. Commenting on the merger, Peter Obermeier, Finance Director of Black Box Germany, said, "This is the first step in providing a full range of technical services to customers all over Germany. The team at TW will work closely with our existing phone services operation in Munich to accelerate growth in both businesses by providing a wider range of technical services and products to Black Box customers. The business under Mr. Trebbe's leadership will also serve as a model for further mergers planned in Germany." Arnold Trebbe, owner of TW, said, "The worldwide strategy of Black Box is very exciting to all of us at TW. We can now offer our clients Black Box services all over Germany, Europe and worldwide. We are thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. to join the Black Box team." TW Netzwerkservice will change its name to Black Box Network Services -- Bavarian Operations. Mr. Trebbe will report to Mr. Obermeier. This merger brings Black Box a step closer to its goal of offering complementary on-site services to all of its clients throughout the world. Germany now joins Belgium, Canada, France, Italy, Japan, Mexico, The Netherlands, Sweden, Switzerland, the United Kingdom and 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. as the twelfth country where Black Box offers clients both phone and on-site technical support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . This transaction is being accounted for as a purchase. The purchase price has not been disclosed. Black Box is the world's largest technical services company dedicated to designing, building and maintaining today's complicated network infrastructure systems. Black Box services clients of all sizes in 132 countries throughout the world. |
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