Black Box Corp. Announces Acquisition of PS Technologies

Lawrence-based Black Box Corp. today announced the acquisition of PS Technologies, a privately-held company headquartered in Dayton, Ohio.

PS Tech is the first Black Box acquisition in the rapidly growing enterprise video communications market and services clients in the healthcare and government verticals.

PS Tech has expertise ranging from integration of remote offices via desktop conferencing to deployment of the latest in world class TelePresence technology. PS Tech sells and services solutions throughout the continental U.S., Europe and the Pacific Rim. Annual historical revenues of PS Tech are approximately $28 million.

Leo Flotron, former PC Tech president, said in a statement:

“The entire team is very excited to join our video capabilities and industry knowledge with Black Box. Our strategy has always been to provide superior video communications solutions to our clients," he said. "We believe that combining resources with Black Box enhances our ability to serve our clients in the emerging video communications market.”

Flotron will report to Julie Lyda, vice president and general manger of Black Box.

Lyda said in a statement:

"I am excited to welcome the entire PS Tech team to Black Box. They have earned a great reputation as a high-quality video solution provider. The addition of PS Tech to the Black Box family will greatly enhance our organic Cisco capabilities in the video and teleconferencing space. They will be an excellent addition to our company."