Black Box Corporation

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Black Box Corporation
Industry Telecommunication
Founded Lawrence, Pennsylvania
June 25, 1975[1]
Headquarters 1000 Park Drive, Lawrence, Pennsylvania, U.S.
Area served
Key people
Joel Trammell
Products Digital Signage
KVM switches
Network Management
Network Security
WAN Optimization
Revenue IncreaseUS$992M (FY 2015)[2]
IncreaseUS$28.574M (FY 2015)[2]
IncreaseUS$15.3M (FY 2015)[2]
Total assets DecreaseUS$686M (FY 2015)[3]
Total equity DecreaseUS$337M (FY 2015)[3]
Number of employees

Black Box Corporation, also doing business as Black Box Network Services, is headquartered in the Pittsburgh suburb of Lawrence, Pennsylvania, United States. The company is a provider of communications products.


The company has a long history. It was founded as Expandor, Inc. by Eugene Yost and Richard "Dick" Raub,[4][5] and offered printer switches popularly called "black boxes",[6] It published a popular "Black Box Catalog".[7] the basis of changing its name to Black Box Corporation in 1982.

Another division, Interlan, sold local area network equipment.

After a slow-down in business in the mid-1980s and Black Monday of 1987, Odyssey Partners acquired the company in 1988, through a leveraged buyout. A proposed sale was met with a lawsuit, although the Interlan division was sold to Racal in 1989.[8][9] Black Box was re-organized in 1990 after losses from the debt servicing. Despite getting $5.5 million in fees for the deal, Drexel Burnham Lambert filed for its own bankruptcy the same year.[10] The no-action letter from the United States Securities and Exchange Commission in June 1990 has been used as a legal precedent for similar cases.[11]

The profitable catalog sales business moved from Simi Valley in California to Lawrence, Pennsylvania and changed its name to Black Box Incorporated.[12][13]

The telecommunications product business was split out to a subsidiary called Micom Communications Corporation.[14][15] An initial public offering was made in December 1992 to cover the debt used to finance the 1990 deal (after two previous failed attempts), under the name MB Communications.[16]

In 1994, the Micom Communications unit was spun off, and acquired by Northern Telecom (Nortel) in June 1996.[17]

Today, Black Box continues to operate as an worldwide telecommunications provider.


  1. ^[permanent dead link]
  2. ^ a b c Black Box (BBOX) annual SEC income statement filing via Wikinvest.
  3. ^ a b Black Box (BBOX) annual SEC balance sheet filing via Wikinvest.
  4. ^ "Eugene Yost, Obituary". December 13, 2006. 
  5. ^ "Vault Guide to Top Tech Employers (2009)". 
  6. ^ "Black Box Corporation". PC Magazine. Retrieved October 13, 2016. 
  7. ^ "What does Rohm and Hass think about the Black Box Protocol Converter A/S-1?". Computerworld. November 24, 1980. p. 62. Retrieved October 13, 2016. 
  8. ^ "Interlan for Sale?". Computerworld. September 19, 1988. p. 102. Retrieved October 14, 2016. 
  9. ^ "Racal Interlan's president shares plans for the future". Computerworld. June 5, 1989. p. 9. Retrieved October 14, 2016. 
  10. ^ John Mederis (July 24, 1990). "Black Box Buyout Fails to Work Magic: Technology: The company loses $34 million on sales of $107 million despite layoffs". Los Angeles Times. Retrieved October 14, 2016. 
  11. ^ "Securities Act Sections: Questions and Answers of General Applicability". United States Securities and Exchange Commission. September 22, 2016. 
  12. ^ "Black Box Corporation History". Funding Universe. Retrieved October 13, 2016. 
  13. ^ "Form SC 13G/A". US SEC. February 14, 1994. Retrieved October 13, 2016. 
  14. ^ "Black Box Hopes to Raise $98 Million With Offerings". Los Angeles Times. July 17, 1990. Retrieved October 14, 2016. 
  15. ^ not to be confused with Micom Systems
  16. ^ James F. Peltz (December 8, 1992). "Micom in New Wall Street Bid : Stock: Computer interlink maker opens third attempt to sell securities to the public to reduce its debt burden". Los Angeles Times. Retrieved October 14, 2016. 
  17. ^ "Schedule 13 D/A: Tender Offer Statement". June 17, 1996. Retrieved October 14, 2016. 

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