Black Box Corporation Announces Merger With Vivid Communications, Inc.Business Editors & Technology Writers PITTSBURGH--(BUSINESS WIRE)--June 19, 2001 Black Box Corporation (Nasdaq:BBOX) today announced a merger with Vivid Communications, Inc. Established in 1997 in Kensington, Maryland Kensington is a town in Montgomery County, Maryland, United States. The population was 1,873 at the 2000 census. History The area around the Rock Creek basin where Kensington is now found was primarily agricultural until 1873, when the B&O Railroad completed a branch , privately held Vivid provides technical design, installation and maintenance services for premise cabling and related products to customers in and around Washington Washington, town, England Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area. , D.C. Annual revenues of Vivid approximate ap·prox·i·mate v. To bring together, as cut edges of tissue. adj. 1. Relating to the contact surfaces, either proximal or distal, of two adjacent teeth; proximate. 2. Close together. $6 million. Commenting on the merger, Henry E. Eknaian, Jr., Regional General Manager of Black Box Network Services, stated, "Vivid brings us additional strength in the greater Washington, D.C. area. We will help support this organization as it continues to grow in service offerings, size and profitability as part of the Black Box Network Services family. We welcome and look forward to a long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. opportunity for achievement and success with Paul Paul, 1901–64, king of the Hellenes (1947–64), brother and successor of George II. He married (1938) Princess Frederika of Brunswick. During Paul's reign Greece followed a pro-Western policy, and the Cyprus question was temporarily resolved. Skafte and his team." Paul H. Skafte, President and owner of Vivid, said, "Our merger with Black Box represents a tremendous opportunity and step forward for our company, our employees, and our customers and will enhance our reputation as one of the premier structured wiring companies in the region." Mr. Skafte will continue to serve as President of Black Box Network Services - Kensington Kensington is a district of West London, England within the Royal Borough of Kensington and Chelsea, located 2.8 miles (4.5 km) west of Charing Cross. An affluent and densely-populated area, its commercial heart is Kensington High Street and it contains the well-known museum Operations, reporting to Mr. Eknaian. 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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