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Thursday, May 11, 2006

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"Nobody Expects the Spanish Acquisition!"

Big industry news out of Madrid - Telvent GIT S.A., seeking a beachhead into the North American ITS market, has announced its impending acquisition of PB Farradyne. The buyout is not a done deal yet, but it's a sure thing that Telvent would not have made the announcement if it were not confident of the outcome.

This development is particularly interesting to Gray Hill Solutions, as we are PB Farradyne's partner in developing and managing the 511 Traffic Site. We'll be sure to stay on top of this one...

posted by Ken @ 10:41 

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