The Vital Foundation has added 10 million to the Basque consortium for the purchase of Ayesa Digital
The operation strengthens the return to the Basque Country of the former Ibermatic decision-making centre and provides for the creation of qualified employment in Álava.
The Vital Foundation has joined the Basque consortium that has acquired Ayesa Digital with an investment of EUR 10 million, consisting of Kutxabank, the BBK Foundation, the Basque Government and Teknei.
On 31 December last year, the consortium acquired Ayesa Digital for EUR 480 million, an operation which has allowed the return to the Basque Country of the Basque technology company Ibermatica, following its acquisition by Ayesa in 2013. The transaction is expected to be closed in the coming months, when the relevant authorization is obtained.
The board of the Vital Foundation has now agreed to join the consortium with a contribution of EUR 10 million, an investment that will result in the creation of a smart mobility and logistics hub for digital services in Álava with capabilities in artificial intelligence, data and cybersecurity.
In addition, the "Junior University of Ayesa" will move its headquarters to Álava, a training centre with 500 students per year, and its establishment in the territory will result in the creation of between 30 and 50 direct jobs, the organization said.
The investment will make it possible to consolidate the 400 jobs that Ayesa Digital already has in Álava, and it is planned to incorporate 350 highly qualified professionals over the next four years, which will strengthen the digital solutions sector and open up opportunities for some 30 micro-enterprises in the technology sector in Álava.
The president of the Vital Foundation, Jon Urresti, has stressed that the organization is committed to attracting decision-making centres to Álava as a guarantee of strengthening and increasing employment and opening up new opportunities for growth in emerging strategic sectors. He has also pointed out that the Foundation is currently targeting Aiaraldea and that participation in Ayesa will seek to place some of the investment in this group.
The Consortium's operation aims to make the company one of Europe's leading digital service providers.
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