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Black Box Awarded $10M+ Data Center Project for Global Social Media Giant

Globe Newswire   FOLLOW 
July 06, 2018 8:00am   Comments
 
 

PITTSBURGH, July 06, 2018 (GLOBE NEWSWIRE) -- Black Box, the trusted digital partner for enterprises across the globe, today announced that it is partnering with one of the world's most renowned and prominent social media organizations on its global data center expansion program. The potential data center work could total $300 million or more for Black Box—making it the largest customer and deal in the company's history.
 

Black Box Awarded $10M+ Data Center Project for Global Social Media Giant

Globe Newswire   FOLLOW 
July 06, 2018 8:00am   Comments
 
 

PITTSBURGH, July 06, 2018 (GLOBE NEWSWIRE) -- Black Box, the trusted digital partner for enterprises across the globe, today announced that it is partnering with one of the world's most renowned and prominent social media organizations on its global data center expansion program. The potential data center work could total $300 million or more for Black Box—making it the largest customer and deal in the company's history.

Black Box's Commercial Services business unit was awarded this U.S.-based data center infrastructure and connectivity project following several years of successful data center work in Europe for the most well-known social media company in the world.   

This will be one of the largest projects ever for Black Box and promises to be only the tip of the iceberg. This first award for the almost million square foot data center is worth more than $10 million and marks the beginning of a five to ten year strategic relationship with the social media giant, which is planning a very aggressive global data center expansion program. Conversations are already underway between Black Box and the social media company to add additional site locations and data centers. The potential work could total $300 million or more for Black Box.

In the data center, Black Box is responsible for the rack and stack of network equipment, installation of the infrastructure hardware, and all of the structured cabling, which includes more than 100 miles of fiber optic cabling. Black Box will deploy a dedicated project team ramping up to seventy plus team members for the first project and could see that number grow to over five hundred team members as the program reaches its potential.  

In this highly competitive environment, Black Box won the data center project by separating itself through its holistic governance plan and approach, with an emphasis on efficiency and scalability. The approach enables both parties to flex up and down to meet the demands of the data center growth plans.

"This strategic partnership has the potential to be one of the largest in Black Box history," said Joel Trammell, Black Box President and CEO. "The ability to deploy sophisticated data center solutions leverages our intelligent digital edge strategy. Our global scale, repeatable and predictable governance framework, deep technical expertise, and core values alignment differentiated us from our competition and were instrumental in our selection. We look forward to a successful project delivery for this first U.S. data center, and are excited to continue and expand our journey together with our partner."

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The company today says it's been awarded a $10M-plus data center project for "the most well-known social media company in the world," with potential data center work that it says could total $300M or more -- the largest customer and deal in company history.

The deal marks a five- to 10-year relationship between the two, Black Box says.

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"This strategic partnership has the potential to be one of the largest in Black Box history," Joel Trammell, Black Box president and CEO, said in a statement. "The ability to deploy sophisticated data center solutions leverages our intelligent digital edge strategy. Our global scale, repeatable and predictable governance framework, deep technical expertise, and core values alignment differentiated us from our competition and were instrumental in our selection. We look forward to a successful project delivery for this first U.S. data center, and are excited to continue and expand our journey together with our partner."

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Washington County-based Black Box Corp. said it has been awarded a $10 million contract from a social media organization for digital infrastructure work, including more than 100 miles of fiber optic cabling within an Ohio data center that is almost a million square feet in size.

The company, which describes the contract as “only the tip of the iceberg,” has made regulatory filings in recent weeks noting that its future is uncertain. 

The new agreement — which the company said in its official announcement was reached with the “most well-known social media company in the world” — marks the start of a five- to 10-year relationship that could ultimately be worth $300 million to Black Box. That would be the biggest deal ever for the struggling Lawrence-based company as the social media company carries out a “very aggressive global data center expansion program.”

Black Box President and CEO Joel Trammell said in an interview Friday he was not permitted to identify the company or the city where the data center is located. The work would begin “pretty much immediately,” he said. “We’re ramping up.

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*************ALL OF THE  REPORTS, INCLUDING THE PRESS RELEASE, COULD NOT STATE THE MEGA GIANT SOCIAL MEDIA PARTNER*******



BUT WITH A LITTLE DD, IS WAS EASY TO SEE IT IS FACEBOOK

******HERES WHY******

The contract award followed several years of data center work for the same company in Sweden, Mr. Trammell said in the interview. 

Washington County-based Black Box Corp. said it has been awarded a $10 million contract from a social media organization for digital infrastructure work, 
including more than 100 miles of
fiber optic cabling within an Ohio data center that is almost a million square feet in size. 



WHO HAS A DATA CENTER THATS ALMOST A MILLION SQUARE FEET AND IN OHIO, AND ALSO HAS ONE IN SWEDEN????


Facebook's new $750 million data center in Ohio

 https://money.cnn.com/2017/08/15/technology/facebook-ohio-data-center/index.html
https://www.bizjournals.com/columbus/news/2017/08/15/facebook-to-build-central-ohio-s-largest-data.html



Facebook Data Center Investment in Sweden Nears US$1B 

http://www.datacenterknowledge.com/facebook/facebook-data-center-investment-sweden-nears-us1b 




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BBOX News: Proxy Statement (definitive) (def 14a) 07/16/2018 04:25:22 PM
BBOX News: Current Report Filing (8-k) 07/16/2018 08:59:14 AM
BBOX News: Black Box Corporation Reports Fourth Quarter Fiscal 2018 Results 07/16/2018 08:58:56 AM
BBOX News: Black Box Corporation to Announce Fourth Quarter Fiscal 2018 Financial Results on Monday, July 16, 2018 07/11/2018 05:08:42 PM
BBOX News: Black Box Awarded $10M+ Data Center Project for Global Social Media Giant 07/06/2018 08:00:00 AM
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#132  Sticky Note Check this guys mgazel 07/07/18 05:15:29 PM
#365   Pumpen Dumpen Turd NYCPuglet 07/19/18 07:19:53 PM
#364   If the company puts out a PR confirming Moiz V 07/19/18 11:23:14 AM
#363   Do you think we hit $3.00 + in Slappy The Ask 07/19/18 11:13:44 AM
#362   Can make money on these too... Pandemonium75 07/18/18 04:26:29 PM
#361   A DEAD CAT PUMP BOUNCE VMAN06 07/18/18 03:33:03 PM
#360   Something is brewing... Moiz V 07/18/18 01:14:33 PM
#359   LOOK AT THAT UPWARD SPIKE!!! Omg! Something is happening!! Necarne123 07/18/18 12:02:12 PM
#358   Yeah, that usually means a huge dip, with Pandemonium75 07/17/18 01:59:11 PM
#357   Where is the announcement of the social media rangers120 07/17/18 07:25:42 AM
#356   No shares available to short on etrade INTL 07/16/18 10:30:46 AM
#355   Descending wedge INTL 07/16/18 10:19:00 AM
#354   Waiting for the cc. INTL 07/16/18 09:46:16 AM
#353   Mr. Trammell concluded by saying, "While we continue crudeoil24 07/16/18 09:17:55 AM
#352   Black Box Q4 EPS $(3.37) Down From $0.07 crudeoil24 07/16/18 09:04:19 AM
#351   On watch for Monday. Definitely would not recommend INTL 07/14/18 12:25:07 PM
#350   THESE CEO ARE ALL CROOKS VMAN06 07/13/18 03:19:20 PM
#349   The ER will be released Monday before market B7$4 07/12/18 04:38:17 PM
#348   That's okay. A dip here wouldn't be bad Pandemonium75 07/12/18 03:05:55 PM
#347   ok , noted , thanks. salesleader 07/12/18 01:02:35 PM
#346   I like the idea that they are releasing omri 07/12/18 12:52:24 PM
#345   The earnings are obviously not going to be fishing4stocks 07/12/18 12:08:18 PM
#344   I like the idea releasing before market opens salesleader 07/12/18 11:21:01 AM
#343   Fb news before earnings would be nice !! Glta omri 07/11/18 08:05:34 PM
#342   PITTSBURGH, July 11, 2018 (GLOBE NEWSWIRE) -- Black MMMQA 07/11/18 06:55:09 PM
#341   * * $BBOX Video Chart 07-11-18 * * ClayTrader 07/11/18 05:25:44 PM
#340   Yes it is, this was at the same blhawk31 07/11/18 03:08:03 PM
#339   It sure is a beautiful day in the B7$4 07/11/18 01:58:24 PM
#338   On watch for possible update. Hitting $2.30's from B7$4 07/11/18 01:55:01 PM
#337   It’s a beautiful day in the BBOX Neighborhood...... Still budgetthis 07/11/18 01:54:07 PM
#336   75k shares on the ask just got bought B7$4 07/11/18 01:32:14 PM
#335   Black Box Corporation Named to the Top 50 B7$4 07/11/18 11:22:19 AM
#333   Glad I sold at 2.60. Another pumpen dumpa. NYCPuglet 07/11/18 10:23:14 AM
#332   it should be Wednesday the 25th of July mgazel 07/11/18 06:09:20 AM
#331   lets see after financials supposedly out tomorrow [SMART MONEY] 07/10/18 07:54:35 PM
#330   I saw that. I want to pull the Jaythesaabguy 07/10/18 05:41:32 PM
#329   Seeking Alpha article says earnings tomorrow omri 07/10/18 05:25:08 PM
#328   AGREES BUT WE WILL ALL MAKE MONEY NEVERTHELESS. VMAN06 07/10/18 05:09:23 PM
#325   Pretty awesome news guys and gals. Im in Boogaday 07/10/18 04:58:00 PM
#324   Black Box: CEO Joel Trammell Is Making Bold, B7$4 07/10/18 04:47:48 PM
#323   When 8-K hits about the mega contract, BBOX crudeoil24 07/10/18 03:51:36 PM
#322   60k share buy at $2 just a few B7$4 07/10/18 03:39:45 PM
#321   I have my finger on the buy trigger Jaythesaabguy 07/10/18 11:07:58 AM
#320   Because the street made me this way and Emptyhead 07/10/18 11:04:03 AM
#319   really investorshub.advfn.com/uimage/uploads/2017/11/7/jeklpmeathead.jpg[ [SMART MONEY] 07/10/18 10:50:09 AM
#318   Here is my Empty-headed DD: Emptyhead 07/10/18 10:46:17 AM
#317   Agree articles suggest a major move upward, this biotechnician 07/10/18 07:22:48 AM
#316   Thanks for replying, I check your picks eur06 07/10/18 05:23:43 AM
#315   7, 8, BAGGER Wouldn't surprise me https://www.bnnbloomberg.ca/video/ben PENNIEStoSTACKS 07/10/18 12:25:36 AM
#314   https://www.youtube.com/watch?v=8CbBA1P4vZU PENNIEStoSTACKS 07/09/18 10:20:29 PM
#313   https://www.blackbox.com/en-us/products/black-box-brand-products/black-box-catal PENNIEStoSTACKS 07/09/18 09:53:44 PM
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