Announced
Completed
Synopsis
Vista-backed Accelya, a provider of technology solutions to the global airline and travel industry, completed the acquisition of Farelogix, a provider of SaaS solutions for airline retailing. Financial terms were not disclosed. The transaction expected to close this summer subject to customary closing conditions and regulatory approvals. “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. This acquisition represents a tremendous opportunity for Farelogix and Accelya to accelerate innovation in technologies for airline retailing, commerce, order management, and financial settlement,” Jim Davidson, Farelogix CEO.
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