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Indra buys Park Air Systems Norway for €42 million

Spanish IT company Indra has bought air traffic management systems company Park Air Systems Norway for €42 million ($55.6 million).

Spanish IT company Indra has bought air traffic management systems company Park Air Systems Norway for €42 million ($55.6 million). Park Air Systems Norway’s global consolidation into Indra, expected this month, increases Indra’s 2012 revenues growth target from 6.5%-7.5% to 8%-9%, with all other targets remaining unchanged. This deal enhances Indra’s portfolio of ATM systems, complements the range of solutions offered by Park Air Systems Norway, and creates ...

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