Farelogix has signed an agreement to be acquired by travel
technology firm Accelya after its deal with Sabre fell through last month.
The airline retailing and NDC specialist had been in talks
with Sabre since 2018, but the deal was thrown into doubt when the UK
Competition and Markets Authority blocked the acquisition, citing concerns over
whether the merger would affect both airlines and passengers.
Farelogix’s new deal with Accelya, a company founded more
than 40 years ago that provides services to more than 200 airline customers
with operations in 14 countries, will allow Accelya to expand its portfolio and
provide an end-to-end platform that enables airline commerce including retailing,
distribution and fulfilment, according to Farelogix.
John Johnston, CEO of Accelya, said: “The industry we serve
is facing an unprecedented set of challenges requiring increased agility and
integration… our acquisition of Farelogix will enhance our capability to
deliver an integrated Offer-to-Settlement platform and provide innovative
solutions and greater choice for airlines worldwide.”
Jim Davidson, chief executive of Farelogix, added: “This
acquisition represents a tremendous opportunity for Farelogix and Accelya to
accelerate innovation in technologies for airline retailing, commerce, order
management and financial settlement.”
The acquisition follows an investment in Accelya by Vista
Equity Partners Perennial. It is subject to regulatory approvals and is
expected to close this summer.