Black Box Corporation (NASDAQ:BBOX) is leading the telecommunications sector in highest change in price activity this morning. Early last week Black Box Corporation (Black Box) announced the expansion of their relationship with Mitel® to provide and support cloud-based communications.
Black box announced in a press release,“Under the new agreement, Black Box will market, sell and support cloud communications services powered by Mitel nationwide in the U.S.” The executive vice president of sales reported that the growth in cloud increased their joint business by more than 50 percent. To maintain competition and meet global market demands, the extended partnership includes MiCloud.
“The MiCloud suite includes cloud-based contact centers, Unified Communications as a Service (UCaaS), Infrastructure as a Service (IaaS), hosted PBX, business-class mobile service and videoconferencing. Because the Mitel MiCloud solution is built on a single stream of software, Black Box customers have the flexibility to take advantage of a public, private or a hybrid cloud solution based on their business needs. Black Box will continue to provide clients with their unique portfolio of system design, implementation and 24x7 technical support capabilities while leveraging skilled technicians and network operations centers across the U.S. “ PRN Black Box
Black Box is headquartered in the greater Pittsburgh area of Lawrence, Pennsylvania. The company specializes in communications solutions for all types of data infrastructures which can range from cable to wireless. After starting in 1976 under the name Expandor Inc., the company designs, builds and maintains voice and data networks in a reported 194 offices in 141 countries through over 4,000 employees.
Mitel® (NASDAQ:MITL) (TSX:MNW) specializes in communications software solutions headquartered in Ottawa, Canada and founded in 1973. Currently Mitel is offering a cloud ready software stream. Their strategic partners include Blackberry, Microsoft, Vidyo and VMware. In June, they announced the acquisition of contact center supplier prairieFyre. The acquisition strategy was to satisfy customer demand and maintain competition. The management did not change at prairieFyre.
For more information on Black Box, visit blackbox.com
For more information on Mitel, visit mitel.com
Don't forget to click SUBSCRIBE at the top to receive free email updates of new articles from Diane Straka. You must click the link in the email you receive to validate your subscription.