AGC Networks announced the acquisition of Black Box, a digital solutions provider in the US.
The combination with Black Box will substantially strengthen AGC Networks’s presence and offerings in North America, extending the company’s footprint to 25+ countries across six continents.
The acquisition will help add $600 million to AGC Networks’s revenue, taking the total revenue to over $750 million, and headcount to more than 4,000 people serving clients, Sanjeev Verma, CEO of AGC Networks, said.
Black Box Corporation will become a private company and its shares of common stock will no longer be publicly traded.
