Syntegra to buy Control Data Systems –

LONDON -- Syntegra, a systems integrator owned by British Telecommunications PLC, will acquire Control Data Systems Inc. for $340 million.

Arden Hills, Minn.-based Control Data Systems specializes in systems integration and electronic-commerce outsourcing services.

The acquisition allows Syntegra to strengthen its market position and extend its global reach, and gain a new stronghold with its first purchase in the U.S., BT said in a statement issued today. No layoffs are anticipated, according to a BT spokeswoman.

Control Data Systems has 1,100 employees throughout the U.S., Asia and Europe, with 75% of them located in the U.S., BT said.

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