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Spain - Telvent to acquire Matchmind.

Europe Intelligence Wire

| October 01, 2007 | COPYRIGHT 2007 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Telecompaper Europe)

Abengoa's communications technology subsidiary, Telvent, has reached an agreement to buy 100 percent of Spanish technology consultant Matchmind for an undisclosed amount. Cinco Dias writes that Telvent is buying 58 percent of Matchmind initially, with the latter's management holding 40 percent. In the first three years, Telvent will increase its ownership to 100 percent. A definitive acquisition agreement is expected to be signed before 15 October. Telvent said ...

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