Enables New Classes of KVM Products in Critical Control Centers and Data Visualization
PITTSBURGH--(BUSINESS WIRE)-- Black Box Corporation (NASDAQ:BBOX), a leading technology solutions provider, today announced the acquisition of technology and intellectual property from Cloudium Systems Limited (Cloudium), a privately held company headquartered in Limerick, Ireland. The Cloudium development team also will join Black Box.
Black Box will use these assets to strengthen its position in the High-Performance KVM and KVM-over-IP market place. The addition complements Black Box's portfolio of hardware solutions with software and development experience in the AV/IT Enterprise Management and Virtualization space, allowing Black Box to address growing customer needs for integrated Control Room and IoT Data Visualization solutions.
"Black Box's product growth strategy is to expand our core assets with software and services that offer a complete solution to current and emerging target markets," said Josh Whitney, VP Technology Product Solutions & International Services. "We will leverage Cloudium's development capabilities and existing patents to deliver mission critical KVM systems. Additionally, we plan to deploy their AV/IT Enterprise Management platform to differentiate and round out our portfolio of Control Room and Data Visualization solutions."
"Given our close partnership in the past, we've seen firsthand the many benefits of our relationship with Black Box" said John Hickey, former CEO of Cloudium and Senior Director of R&D and KVM systems. "The combination of our systems development experience in the KVM space combined with Black Box's incredible reach and strong brand recognition will create significant value for clients."
About Black Box
Black Box is a leading technology solutions provider dedicated to helping customers build, manage, optimize, and secure their IT infrastructure. Black Box delivers high-value products and services through its global presence and more than 3,500 team members. To learn more, visit the Black Box website athttp://www.blackbox.com.
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Black Box Corporation
Timothy C. Huffmyer, 724-873-6788
Vice President, Chief Financial Officer and Treasurer
Source: Black Box Corporation