Posted on 2/07/2015 by Bill Woolf
US airline technology and business solutions company Navitaire is being taken over by Amadeus for $830 million.
The wholly owned subsidiary of Accenture focuses on the low-cost and hybrid-carrier segments.
It has a global customer base of more than 50 carriers, provides revenue-generation and cost-streamlining solutions in the areas of reservations, ancillary sales, loyalty, revenue management, revenue accounting and business intelligence.
About 550 Navitaire staff, including the company’s senior management team, are expected to transfer to Amadeus once the deal is completed before the end of the year.
Amadeus and Accenture have also agreed to form an alliance “to help lead airlines through the digital transformation taking place in the industry and drive efficiency in the global operations of airlines’ businesses”.
Accenture will be designated as an Amadeus strategic partner for its Airline IT business for management consulting, technology consulting, systems integration, business process outsourcing and digital services, complementing Amadeus’ existing in-house consulting and digital services.
Accenture will also provide Amadeus with infrastructure outsourcing, application and research and development services.
- See more at: http://www.travolution.co.uk/articles/2015/07/02/13244/amadeus-buys-airline-technology-company-navitaire-for-%24830-million.html#sthash.5zxKa5Vv.dpuf