financetom
Business
financetom
/
Business
/
India's Black Box secures $131 million data centre order from U.S. hyperscaler
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
India's Black Box secures $131 million data centre order from U.S. hyperscaler
Aug 12, 2026 11:07 PM

(Corrects to add media identifier)

Aug 13 (Reuters) - Digital infrastructure services provider Black Box has secured an order worth $131 million from a U.S.-based global Tier-1 hyperscaler for a major data centre project in the United States, the company said on Thursday.

Black Box did not disclose the name of the hyperscaler.

-- Black Box will provide digital infrastructure services at a key U.S. location over about three years, with further expansion expected.

-- The order adds a new hyperscaler to Black Box's customer portfolio and builds on its existing work with global hyperscalers.

-- CEO Sanjeev Verma said successful execution of the order could provide a foundation for expanding the relationship with the customer.

-- Black Box provides network integration, managed services and technology products across multiple regions.

-- Its shares were last up 8.2% on Thursday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copper output at Chile's Codelco set to rise this year, CESCO says
Copper output at Chile's Codelco set to rise this year, CESCO says
Apr 22, 2024
SANTIAGO (Reuters) - Chile's state-run copper miner Codelco is poised to improve production this year and begin to climb from its lowest dip in a quarter century, the head of Chilean copper studies center CESCO said ahead of a major industry conference that starts Monday. Codelco is aiming to produce between 1.325 million and 1.390 million metric tons of copper...
ADM CFO to resign as company faces US government investigation
ADM CFO to resign as company faces US government investigation
Apr 22, 2024
(Reuters) - Grain trader Archer-Daniels-Midland ( ADM ) said on Monday that Chief Financial Officer Vikram Luthar will resign from his role effective Sept. 30. Luthar is the highest-level executive to leave the firm since it disclosed accounting issues within its Nutrition division that later triggered two government investigations and forced it to revise six years of financial data. ADM...
U.S. FDA approves ImmunityBio's bladder cancer therapy
U.S. FDA approves ImmunityBio's bladder cancer therapy
Apr 22, 2024
April 22 (Reuters) - The U.S. FDA approved ImmunityBio's ( IBRX ) combination therapy to treat a type of bladder cancer, the regulator said on Monday, which would help bring the company's first product to market. ...
Clearwater Analytics Completes Acquisition of Risk and Performance Analytics Solutions From Wilshire
Clearwater Analytics Completes Acquisition of Risk and Performance Analytics Solutions From Wilshire
Apr 22, 2024
06:00 PM EDT, 04/22/2024 (MT Newswires) -- Clearwater Analytics ( CWAN ) said Monday it completed the acquisition of risk and performance analytics products from Wilshire Advisors. Wilshire Axiom, Wilshire Atlas, Wilshire Abacus and Wilshire iQComposite will be integrated with Clearwater's offerings. Clearwater previously said the assets will cost $40 million and add about $7 million in annualized revenue. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved