. please help to improve it or discuss the issue on the talk page . july 2016 black box corporation type public traded as nasdaq bbox industry telecommunication founded lawrence pennsylvania june 25 1975 1 headquarters 1000 park drive lawrence pennsylvania u.s. area served worldwide key people e.c. sykes ceo products digital signage kvm switches network management network security datacenter wan optimization revenue us 992m fy 2015 2 operating income us 28.574 m fy 2015 2 net income us 15.3 m fy 2015 2 total assets us 686m fy 2015 3 total equity us 337m fy 2015 3 number of employees 4 300 website www.blackbox.com 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 . history edit the company has a long history . in the 1970s it was called the expandor division of micom systems and offered printer switches popularly called black boxes . 4 it published a popular black box catalog . 5 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 . 6 7 micom 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 . 8 the no action letter from the united states securities and exchange commission in june 1990 has been used a legal precedent for similar cases . 9 the profitable catalog sales business moved from simi valley in california to lawrenceville pennsylvania and changed its name to black box incorporated . 10 11 the telecommunications product business was split out to a subsidiary called micom communications corporation . 12 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 . 13 in 1994 micom was spun off and acquired by nortel in june 1996 . 14 references edit https www.corporations.state.pa.us corp soskb corp.asp 394208 a b c black box bbox annual sec income statement filing via wikinvest . a b black box bbox annual sec balance sheet filing via wikinvest . black box corporation . pc magazine . retrieved october 13 2016 . 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 . interlan for sale . computerworld . september 19 1988 . p. 102 . retrieved october 14 2016 . racal interlan s president shares plans for the future . computerworld . june 5 1989 . p. 9 . retrieved october 14 2016 . 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 . securities act sections questions and answers of general applicability . united states securities and exchange commission . september 22 2016 . missing or empty url help ; access date requires url help black box corporation history . funding universe . retrieved october 13 2016 . form sc 13g a . us sec . february 14 1994 . retrieved october 13 2016 . black box hopes to raise 98 million with offerings . los angeles times . july 17 1990 . retrieved october 14 2016 . 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 . schedule 13 d a tender offer statement . june 17 1996 . retrieved october 14 2016 . v t e pittsburgh history timeline culture dialect media neighborhoods notable people skyscrapers government airport conventions city hall courthouse mayor council 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