2 weeks ago

Black Box Bags Rs 1,240-Crore US Data Centre Deal

Black Box Bags Rs 1,240-Crore US Data Centre Deal
Black Box Bags ₹1,240-Crore US Data Centre Deal From Global Hyperscaler · freepressjournal.in

Black Box is a company that helps build big computer buildings called data centres.

Those buildings hold lots of computers and internet equipment.

Black Box just got a very big job worth about 131 million dollars.

That is roughly 1,240 crore rupees — a whole lot of money.

The customer is a huge American internet company, called a hyperscaler.

The job involves working on a data centre project in the United States.

The work will take about three years.

The company did not say which American company hired them.

Black Box's CEO, Sanjeev Verma, said this deal is a very important step for the company.

It shows that Black Box is growing as a trusted partner for the world's biggest internet companies.

Key facts

Company
Black Box Ltd (Essar group IT firm)
Deal Value
USD 131 million (about Rs 1,240 crore)
Client
New US-based global Tier-1 hyperscaler (name not disclosed)
Project
Major data centre project in the US
Duration
Approximately three years, with further expansion expected
Location
Key location in the United States
Announcement
Late-night company filing on Wednesday

Quotes

Black Box Whole-time Director & Chief Executive Officer, Sanjeev Verma

Chief executive officer of Black Box Ltd.

“The deal win is an important step in the company's hyperscaler growth journey.”
freepressjournal.in

Sources

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