Spain’s Amadeus Buys Face-Recognition Specialist Vision-Box
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(Reuters) – Spanish travel booking group Amadeus will buy Portugal-based face-recognition technology company Vision-Box for 320 million euros ($346.7 million), it said in a filing to the CNMV stock market regulator.
The deal for Vision-Box, which provides face-recognition technology for airports, airlines and border control services, is subject to regulatory approval but expected to close in the first half of the year, Amadeus said.
(Reporting by Tiago Brandao; Editing by Inti Landauro and David Goodman)
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