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Black Box in talks to acquire Aeries Technology

PRIVATEOct 12, 2026

Acquiring Company

Black Box

Acquired Company

Aeries Technology

PlanoMumbaiInformation TechnologyConsultingData CenterIT InfrastructureFinancial Servicesinformation technology & services

Description

Black Box is in early talks to acquire Nasdaq-listed Aeries Technology for an estimated $70-90 million. Aeries, which specializes in outsourcing services, has a market cap of approximately $36 million. This potential acquisition could provide Aeries shareholders with a better exit price amid recent stock volatility. If completed, this would mark Black Box's second overseas acquisition this year.

Company Information

Company

Black Box

Location

Plano, Texas, United States

About

Black Box is an IT systems integrator backed by Essar Group, focused on expanding data center infrastructure services globally. The company serves a diverse client base including major tech giants like Amazon, Google, and Microsoft. With operations in 35 countries, Black Box offers connectivity and networking solutions to hyperscalers and large enterprises. For the year ended March-24, Black Box reported significant growth in net profit and EBITDA.

Fundz sees it the moment Black Box makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Aeries Technology?

Aeries Technology was acquired by Black Box, based in Plano. The deal was reported on October 12, 2026. Black Box is an IT systems integrator backed by Essar Group, focused on expanding data center infrastructure services globally. Black Box is privately held and operates in Information Technology.

When did Black Box acquire Aeries Technology?

Black Box's acquisition of Aeries Technology was reported on October 12, 2026. Black Box is in early talks to acquire Nasdaq-listed Aeries Technology for an estimated $70-90 million. Aeries, which specializes in outsourcing services, has a market cap of approximately $36 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Aeries Technology do?

It is publicly traded (AERT), operating in Financial Services, and is based in Mumbai.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.