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Announced

Completed

Amadeus IT Group completed the acquisition of Sky Suite business of Innovative Scheduling.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Completed

application software

Software

Majority

Private

Cross Border

Friendly

Acquisition

Single Bidder

Synopsis

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Amadeus IT Group, business support and consulting services, completed the acquisition of Sky Suite business of Innovative Scheduling, a software developer. Financial terms were not disclosed. “Optym’s expertise in world-class decision support technologies and optimization intelligence, and Amadeus’s broad product portfolio, technical expertise and global reach have complemented each other with leading airlines around the world. We are excited to join Amadeus to reinvent the future of airline network planning and scheduling. We believe airlines of all sizes and types, in all regions, can optimize their schedules and increase network profitability with our breakthrough technology,” Vaccari, Amadeus Head of Sky Suite.

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