Amadeus to acquire Navitaire in $830 million deal

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Spanish global distribution system (GDS) providerAmadeus has reached an agreement to acquire US-based Navitaire—which specializes in the ticket reservation sector through its Open Skies and New Skies platforms—for $830 million.

Navitaire's current owner Accenture, a broad-based technology and outsourcing giant, has developed the firm as a specialist in the low-cost and hybrid-carrier segments of the ticketing industry. Navitaire currently claims more than 50 operators worldwide, including low-cost carriers (LCCs) Scoot, Virgin, AirAsia X, IndiGo, Cebu Pacific, Tigerair and Jetstar, as well as Australian flag carrier Qantas.

More: http://atwonline.com/it-distribution/amadeus-acquire-navitaire-830-million-deal