Accelya has entered into a definitive
agreement to acquire Farelogix, a provider of SaaS solutions for
airline retailing and NDC-enabled commerce.
The acquisition, details of which have not been
disclosed, is subject to customary
conditions and regulatory approvals and is expected to close this
closing, Accelya and Farelogix will continue to operate as
“The industry we serve is facing an unprecedented
set of challenges requiring increased agility and integration,”
said John Johnston, Chief Executive Officer of Accelya. “Accelya
is at the forefront of travel and transport technology and our
acquisition of Farelogix will enhance our capability to deliver an
integrated Offer-to-Settlement platform and provide innovative
solutions and greater choice for airlines worldwide.”
Farelogix has played an instrumental role in
defining innovative retailing for the airline industry with technology that enables
airlines to dynamically create, control, optimize, and deliver
personalized and differentiated offers across sales channels.
Farelogix has more than 25 airline customers worldwide that use
its technology to grow revenue per passenger, achieve greater
efficiency and reduce costs.
Integration with Accelya’s
complementary mission-critical airline solutions will optimize the
entire airline commerce lifecycle by allowing greater control and
flexibility over commercial offers, orders, and downstream
processes, and benefiting airline customers and their passengers
through accelerated digital transformation.
“Our focus on delivering high performance,
PSS-agnostic technology that can drive revenue, increase brand
loyalty, and reduce costs is strategically aligned with the
Accelya vision and directly addresses the needs of all airlines,”
said Jim Davidson, CEO of Farelogix. “This acquisition represents
a tremendous opportunity for Farelogix and Accelya to accelerate
innovation in technologies for airline retailing, commerce, order
management, and financial settlement.”
The acquisition follows Vista Equity Partners´
investment in Accelya by the firm’s permanent capital investment
fund, Vista Equity Partners Perennial.
The deal will add more than 300 Farelogix employees,
primarily based in Miami, to the global Accelya team.
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