Travel industry technology solutions provider Accelya has completed its acquisition of Farelogix.
The move to buy the SaaS solutions provider had been for airline retailing and New Distribution Capability-enabled commerce was agreed last month.
Farelogix had been due to be acquired by GDS provider Sabre, but competition watchdogs ruled out the move.
Accelya said the acquisition will mean it can accelerate its customers’ digital transformations, and provide a next-generation, end-to-end, offer-to-settlement airline commerce platform with a full suite of retailing, distribution, and fulfilment solutions.
The Accelya and Farelogix management teams will be merged, with Farelogix chief executive Jim Davidson appointed chief product officer of Accelya Group. The current Farelogix team of mor than 300 will continue to operate from Miami.
“With the acquisition of Farelogix complete, we can now focus our efforts on delivering an integrated offer-to-settlement platform that drives revenue, increases brand loyalty and reduces costs for airlines worldwide,” said John Johnston, chief executive of Accelya.
“Accelya is growing its global footprint and capabilities, welcoming over 300 skilled Farelogix employees while strengthening our leadership team in critical roles. We look forward to working with the talented Farelogix team to deliver on our shared vision.”
Davidson added: “There has never been a greater need in our industry for creativity, rapid innovation, and new technology choices for airlines as they work through this time of Covid-19, recovery, and the future of airline retailing.
“We have had tremendous interest and support from across the industry and with the completion of the acquisition by Accelya, we can execute our vision to deliver these essential, pro-airline solutions needed by our current and future airline customers.”