Black Box Limited has informed the Exchange regarding a press release dated May 13, 2026, titled "Black Box completes acquisition of 2S Inovações Tecnológicas S.A.".
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Black Box Limited has completed the acquisition of 2S Inovações Tecnológicas S.A., a Brazil-based digital infrastructure company specializing in data center networking, cloud, cybersecurity, and managed technology solutions. The acquisition, effective May 1, 2026, strengthens Black Box's presence in Latin America, particularly in high-growth areas like data center networking and cybersecurity. The acquired company, established in 1992 and headquartered in São Paulo, brings expertise in Cisco networking, enterprise infrastructure, and managed services. This acquisition is expected to contribute approximately Rs. 500 crores in annualized revenues and aligns with Black Box's strategic goal of achieving US$2 billion in annual revenues by 2030. The transaction represents disciplined inorganic growth as a key pillar of the company's long-term strategy.
The acquisition adds significant revenue scale (Rs. 500 crores annualized) and expands Black Box's geographic footprint in the high-growth Latin American market, which could be positive for shareholders seeking expansion and diversification. The deal aligns with the company's US$2 billion revenue target by 2030.