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Vitec Software Group: Large acquisition in the Netherlands - Redeye

Redeye comments on Vitec acquiring the Dutch VMS company Enova, which offers energy-management software and grid-management services. Given high energy prices and the shift to green energy, its offering should be in demand. We reiterate our fair value estimate, awaiting more details in Vitec’s Q1 report before adjusting our estimates and valuation.

Redeye comments on Vitec acquiring the Dutch VMS company Enova, which offers energy-management software and grid-management services. Given high energy prices and the shift to green energy, its offering should be in demand. We reiterate our fair value estimate, awaiting more details in Vitec’s Q1 report before adjusting our estimates and valuation.
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