Monday, October 05, 2009
Black Box Corporation Announces Acquisition of Quanta Systems, LLC
Quanta Systems, LLC (Quanta) represents approximately $12 million in annual historical revenues
PITTSBURGH, PENNSYLVANIA, October 5, 2009 -- Black Box Corporation (NASDAQ:BBOX) today announced the acquisition of Quanta Systems, LLC (Quanta), a privately-held company headquartered in Gaithersburg, MD. Quanta has an active customer base which includes various United States Department of Defense and government agency accounts. Annual historical revenues of Quanta are approximately $12 million.
Black Box acquired Quanta from CompuDyne Corporation, a portfolio company of the Los Angeles-based private equity fund The Gores Group.
“Quanta’s security and command center solutions combined with Black Box’s world-class infrastructure solutions will provide our worldwide Federal customers distinct advantages and value,” commented Jeff Murray, Sr. Vice President and GM for Black Box’s Federal Division. “We are very excited to have the added capabilities that Quanta offers, which will give us a distinct competitive advantage in the Federal market, as we continue to evolve and expand our Federal programs.”
About Black Box
Black Box is the world's largest technical services company dedicated to designing, building and maintaining today's complicated data and voice infrastructure systems. Black Box services more than 175,000 clients in 141 countries with 193 offices throughout the world. To learn more, visit the Black Box Web site at www.blackbox.com.
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Contact: Black Box Corporation
Director – Investor Relations