Black Box Corporation Announces Merger With Teldata Corporation.Business Editors PITTSBURGH--(BUSINESS WIRE)--May 2, 2000 Black Box Corporation (Nasdaq:BBOX) today announced a merger with Teldata Corporation. Established in 1970 in Nashville, Tennessee “Nashville” redirects here. For other uses, see Nashville (disambiguation). Nashville is the capital and the second most populous city of the U.S. state of Tennessee, after Memphis. , privately held Teldata provides technical design, installation and maintenance services for telephony Meaning "sound over distance," it refers to electronically transmitting the human voice. In the beginning, telephony dealt only with analog signals in the circuit-switched networks of the telephone companies. , premise cabling and related products to customers throughout 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. . Annual revenues of Teldata approximate $20 million. Commenting on the merger, Fred (Friendly Rollabout Engineered for Doctors) A mobile medical conferencing unit. See videoconferencing. 1. FRED - Robert Carr. Language used by Framework, Ashton-Tate. 2. C. Young, Chief Executive Officer of Black Box Corporation, stated, "Teldata is an outstanding technical services company. They have the capability to market and service the increasing demand of large customers for multi-location support requirements. Combining our collective technical strengths will provide our customers with industry leading support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services ." Frank G. Porter, President of Teldata, said, "We are pleased to combine Teldata with a fine organization like Black Box Corporation. Black Box's technical resources and network service capabilities will enhance the high level products and services Teldata is known for." Mr. Porter will continue to serve as President of Teldata. 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 132 countries throughout the world. |
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