AGC Networks buys Black Box to add $600 mn revenue

AGC Networks announced the acquisition of Black Box, a digital solutions provider in the US.
AGC Networks business
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.