Announced
Financials
Sources
Tags
Friendly
Acquisition
Pending
Cross Border
Single Bidder
digital solutions
Private
Majority
France
Digital Services
Synopsis
SITA, the global IT provider for the air transport industry, agreed to acquire Safety Line, the Paris based start-up specializing in digital solutions for aviation safety and efficiency. Financial terms were not disclosed. "We are delighted to join the SITA family, which should accelerate the global growth of our innovative solutions, for the benefit of more efficient and greener aviation operations," Pierre Jouniaux, Safety Line Founder and CEO.
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