Cybersecurity
Black Box Targets Tripling in Revenue on US Networking Demand
- Essar Group’s IT network arm sees sales at $2 billion by 2028
- Stock has more than doubled in the past year on new projects
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Indian digital network builder Black Box Ltd. is seeking to nearly triple sales to $2 billion over the next four years, betting on growing demand for data centers and cybersecurity services in its largest market of North America.
Black Box, controlled by Indian ports-to-power conglomerate Essar Group, will use acquisitions and leverage its partnerships with global players such as Juniper Networks Inc. and Aruba Networks to help reach that goal, Chief Executive Officer Sanjeev Verma said in an interview.