Black Box acquires Nu-Vision Technologies What does it hold? - PBX Info :: Your Free PBX, PABX and Telephone Information Resource

baronledford · 05-06-2006, 10:58 AM

PITTSBURGH, Pa. --(Business Wire)-- May 2, 2006 -- Black Box Corporation (NASDAQ:BBOX) today announced the acquisition of Nu-Vision Technologies (NUVT) a privately-held company based out of Amityville, NY. NUVT has an active customer base which includes commercial, education and various government agency accounts. Annual revenues of NUVT were approximately $55 million for the twelve months ended December 31, 2005.

Dwayne Diesu, former owner and President of NUVT, commented, "We are excited about the opportunity of joining Black Box and its world-class leadership team. Our joining forces will extend and enhance our ability to provide our customers with a broader suite of services." Dwayne will remain active as Vice President and General Manager.

Commenting on the acquisition, Terry Blakemore, Vice-President of Corporate Business Development, stated, "NUVT is an outstanding company with a reputation for providing high quality voice and data services. Together, we should be able to leverage our combined strengths to enhance our national operating coverage and provide our client base with the industry's best data, voice and hotline technical services."

This transaction is being accounted for as a purchase. The purchase price has not been disclosed.

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 152,000 clients in 141 countries with 168 offices throughout the world.

baronledford · 05-06-2006, 11:02 AM

I am open for any comments regarding this acquisition. I am a current employee of Nu-Vision and would like to gain insight on this. Are there any members here that currently are employees of Black Box? If so, what is the enviroment like?

Many thanks in advance!

Baron

datadump · 05-09-2006, 01:29 PM

Can't be that great, BlackBox just acquired NextiraOne and all their empty luggage.

Good luck

jhenke · 05-09-2006, 01:44 PM

I am a recently aquired addition to Black Box. I worked for TSM, Inc and we were bought out by Black Box in April of 2005. Everyone from TSM remained, and the day to day stuff didn't change. The techs still had to make service calls, remote maintenance still needed to be done, etc. The admin and sales people had to make some software changes and everyone had some growing pains with the new policies (re-adding children to insurance policies, fixing 401K allotment, etc.). All in all the only thing that changed was the name; hopefully, your transition will be as smooth as ours.

HBINGER1 · 05-09-2006, 02:09 PM

I have been a contractor for BlackBox for years. And from what I've seen, nothing changes at the company that is bought out. The majority of these companies remain their own company, just under the BlackBox umbrella. The only problem that I have run into, is that since each compamy writes their own services orders, there is little communication between the other BlackBox offices. I have been on a walkthru for one BlackBox office and there were 2 other BlackBox contractors there for the same bid. Overall though, I have no complaints about the company.