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Amadeus shells out $830 million for Accenture subsidiary Navitaire

3 Jul 2015 12:00 AM | Anonymous

A giant travel IT deal has been made, with Spanish tech firm Amadeus purchasing Navitaire, a subsidiary of Accenture, for $830 million.

Navitaire is a transport industry technology services subsidiary of Accenture, providing IT support for over 50 airlines. The company tends to focus on areas such as reservation and loyalty programmes.

The deal is expected to be completed towards the end of 2015.

“This transaction will give us the ability to serve all airlines with technology that can enable them to drive new revenues and contain their costs," said Amadeus head Luis Maroto.

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