Sabre Corporation has inked an agreement to acquire Farelogix for US$360 million, a move that is expected to expand its airline technology portfolio and accelerate its strategy to deliver next-generation NDC-enabled retailing, distribution and fulfillment capabilities.
Sean Menke, president & CEO of Sabre, said: “By integrating Farelogix’s capabilities into Sabre’s leading airline technology platform, we’ll be able to offer the innovative and comprehensive solutions that airlines require, backed by best-in-class technology and the deep expertise that our teams bring to market.”
Sabre says the acquisition and integration of Farelogix’s GDS- and PSS-agnostic technology will accelerate its innovation efforts in the airline IT space, as it partners with airlines and travel agencies through its Beyond NDC programme.
Based in Miami, Farelogix provides a suite of SaaS solutions that enables carriers to dynamically create, control, optimise and deliver personalised and differentiated offers across sales channels.
Jim Davidson, CEO of Farelogix, commented: “For the past few years, Farelogix and Sabre have worked together with shared customers to implement our complementary technologies to solve some of the industry’s toughest challenges. Today’s announcement is a natural evolution of the successful, ongoing collaboration between our two companies.”
The acquisition is subject to regulatory approvals and is expected to close in late 2018 or early 2019.
