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Business & High-Tech Editors
PITTSBURGH--(BUSINESS WIRE)--Jan. 8, 2002
Black Box Corporation (Nasdaq:BBOX) today announced a merger with TW Netzwerkservice Gmbh. Established in 1994 in Ramerberg, Germany, privately held TW provides technical design, installation and maintenance services for premise cabling and related products to customers in Southern Germany. Annual revenues of TW are approximately $1 million.
Commenting on the merger, Peter Obermeier, Finance Director of Black Box Germany, said, "This is the first step in providing a full range of technical services to customers all over Germany. The team at TW will work closely with our existing phone services operation in Munich to accelerate growth in both businesses by providing a wider range of technical services and products to Black Box customers. The business under Mr. Trebbe's leadership will also serve as a model for further mergers planned in Germany."
Arnold Trebbe, owner of TW, said, "The worldwide strategy of Black Box is very ...