Black Box Corp., the communications equipment company, said Monday that it bought privately held Quanta Systems LLC, according to Associated Press.
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Terms of the deal were not disclosed.
Black Box bought Quanta from CompuDyne Corp., which is a portfolio company of private equity fund The Gores Group.
Quanta's annual revenue is about $12 million, Black Box said. The company expects the purchase to help it in the federal market.
Black Box shares rose 8 cents to $24.43 in afternoon trading.
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