Black Box Corporation Establishes Subsidiary Operation in Denmark.Business Editors PITTSBURGH--(BUSINESS WIRE)--Jan. 7, 2002 Black Box Corporation (Nasdaq:BBOX) today announced that it has established a wholly-owned operation in Denmark Denmark (dĕn`märk), Dan. Danmark, officially Kingdom of Denmark, kingdom (2005 est. pop. 5,432,000), 16,629 sq mi (43,069 sq km), N Europe. servicing the region of Denmark, Iceland Iceland, Icel. Ísland, officially Republic of Iceland, republic (2005 est. pop. 297,000), 39,698 sq mi (102,819 sq km), the westernmost state of Europe, occupying an island in the Atlantic Ocean just S of the Arctic Circle, c. and Greenland Greenland, Green. Kalaallit Nunaat, Dan. Grønland, the largest island in the world (2005 est. pop. 56,000), 836,109 sq mi (2,166,086 sq km), self-governing overseas administrative division of Denmark, lying largely within the Arctic Circle. . As part of this market expansion, Black Box has acquired the operations of its distribution partner that held the authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: Black Box trademark distribution rights. Annual revenues of Black Box in this region will approximate $3 million. Commenting on the merger, Norbert Ramondt, Director of European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. Operations for Black Box Corporation, said, "The establishment of a Black Box subsidiary operation for technical phone services in Denmark is the first step towards offering customers in this region the full range of our technical services. The Danish region is an important part of Europe and we are confident of rapid and prosperous growth in this area. Furthermore, with Black Box Denmark, we now have complete phone services coverage through Black Box subsidiary operations in all of Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). ." Pia Dyrberg, Country Manager of Black Box Denmark, said, "The whole Danish Black Box team is pleased to be part of the Black Box operation in the Nordic Region. We have created a successful business using the Black Box brand and we are all looking forward to being full members of the Black Box family." Ms. Dyrberg will report to Gunnar Lindblad, General Manager of Black Box Network Services - Nordic Operations. 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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