Accelya has boosted its presence in the travel tech sector, having completed its acquisition of Farelogix, a provider of SaaS solutions for airline retailing and New Distribution Capability-enabled commerce.
The deal comes only a few months after Sabre pulled the pin on its plan to purchase Farelogix for $558 million.
With Farelogix, Accelya has vowed to accelerate customers’ digital transformations and provide a next-generation, end-to-end, offer-to-settlement airline commerce platform, including a full suite of innovative retailing, distribution, and fulfilment solutions.
To accelerate the delivery of Accelya’s next-generation platform, the management teams of both companies will be fully integrated, with Farelogix CEO Jim Davidson appointed chief product officer of the newly expanded Accelya Group.
The current Farelogix team will continue to operate from Miami, further expanding Accelya’s presence in North America.
“With the acquisition of Farelogix complete, we can now focus our efforts on delivering an integrated offer-to-settlement platform that drives revenue, increases brand loyalty, and reduces costs for airlines worldwide,” Accelya CEO John Johnston said.
“Accelya is growing its global footprint and capabilities, welcoming over 300 skilled Farelogix employees while strengthening our leadership team in critical roles. We look forward to working with the talented Farelogix team to deliver on our shared vision.”
Davidson said: “There has never been a greater need in our industry for creativity, rapid innovation, and new technology choices for airlines as they work through this time of COVID-19, recovery, and the future of airline retailing.
“We have had tremendous interest and support from across the industry, and with the completion of the acquisition by Accelya, we can execute our vision to deliver these essential, pro-airline solutions needed by our current and future airline customers.”