Announced
Completed
Financials
Sources
Tags
Acquisition
Cross Border
United States
revenue management solutions
Friendly
Majority
Private
Single Bidder
Management Consulting
Completed
Synopsis
Amadeus, a major Spanish IT provider for the global travel and tourism industry, completed the acquisition of Kambr, a company providing revenue management solutions for airlines. Financial terms were not disclosed. "Airlines need simple and effective revenue management solutions that provide actionable insights. By combining the agility and simplicity of Kambr's solutions with the expertise and technical excellence of Amadeus, we believe that airlines now have the right tools to successfully develop their revenue and offer optimization strategy. For Kambr and our team, this is a unique opportunity to grow faster and we are excited to be part of Amadeus,” Jason Kelly, Kambr CEO.
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