Black Box Corporation Purchases Connectivity Business of Aicon Ltda. in Chile.PITTSBURGH--(BUSINESS WIRE)--March 23, 1999--Black Box Corporation (Nasdaq:BBOX) today announced that it has purchased the cabling and network connectivity business of Aicon Telemarketing telemarketing, the practice of selling goods or services to customers by means of the telephone or of surveying consumer preferences in telephone conversations. Tecnologico Ltda. Founded in 1994, Aicon is located in Santiago, Chile Santiago, officially Santiago de Chile (Spanish: (helpinfo)), is the capital of Chile, and the center of its largest conurbation (Greater Santiago). . Black Box will merge the acquired operations into its existing Black Box Chile subsidiary, also located in Santiago Santiago, city, Chile Santiago (säntēä`gō), city (1990 est. pop. 4,395,000), central Chile, capital of Chile and of Metropolitana de Santiago region, on the Mapocho River. . Incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. annual revenues from Aicon are expected to approximate $1 million. Commenting on the acquisition, 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, "The Aicon operations are an excellent addition to our existing Chilean operation. Aicon's expertise in connectivity solutions and new customers will profitably double our overall market share in Chile." 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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