ADB SAFEGATE, a leading provider of solutions that boost efficiency, improve safety, raise environmental sustainability and reduce operational costs, acquired the airport systems business from Ultra Electronics, a British company serving the defence, security, transport and energy industries, for £22m, of which £2m is deferred. Airport Systems provides specialised IT software solutions to improve the operational performance of airports and airlines. These solutions are installed in approximately 150 airports and are in-service with 100 airlines internationally. Simon Pryce, Chief Executive Officer of Ultra, commented: "Although Airport Systems has been a part of Ultra for some time, it has little customer, process or technology commonality with the rest of the Group. As part of our focus on long term sustainable value creation and after conducting an appropriate process, we have therefore concluded that a sale of Airport Systems to ADB SAFEGATE is the best long term solution for Airport Systems customers, employees and other stakeholders and represents good value for Ultra."