Accelya announced today that it has entered into a definitive agreement to acquire Farelogix. Accelya has a 40-year history providing technology solutions to the global travel industry and has been at the forefront of settlement for IATA. Accelya’s product set – which includes solutions for revenue management, integrity, and accounting – is complementary to the technology solutions offered by Farelogix for airline retailing and NDC-enabled commerce. Together, the companies will be in a position to drive innovation and advance all aspects of airline retailing, from offer through to settlement.
Accelya will also extend the reach of the next-gen retailing and NDC solutions offered by Farelogix to a significantly broader segment of the market, including low-cost carriers which can benefit from Farelogix solutions as they plan their recovery from the current realities of the travel industry. It will also accelerate the Farelogix plan to establish feet on the ground in key regions to better service and support its current client base.
For your reference, the press release is included below. Please let me know if you have any questions, or would like to arrange for an interview with Accelya / Farelogix to discuss the acquisition.
Source: Accelya
