IT solutions company NIIT Technologies has acquired US-based Sabre Holdings’ Philippines Development Center. Sabre is a solution provider in the travel industry and a client of NIIT Technologies. No details about the amount of the acquisition have been disclosed.
The Manila centre, which has a capacity of 200 with a scope for expansion, will be used by NIIT Technologies to service Sabre as well as other customers.
Commenting on the expansion, Arvind Thakur, CEO, NIIT Technologies said, “The acquisition fits well with our strategy of focus and differentiate, and enhances our global delivery footprint.â€
"Asia-Pacific is an important growth region for Sabre and the industry and we believe this move helps further strengthen our established relationship with NIIT Technologies and positions Sabre for greater growth within APAC,†said Barry Vandevier, CEO, Sabre on the development. With this acquisition NIIT will use Sabre’s Manila centre, a statement said citing Manila’s growing popularity as a BPO destination.
In August, 2011, NIIT Technologies had acquired Madrid-based Software Firm Proyecta, through which it aimed to enhance its European footprint by leveraging Proyecta’s experience in servicing travel and financial services segments.
NIIT Technologies is a noted IT solutions organisation providing its solutions in application development and maintenance, managed services, IP asset or platform solutions, and business process outsourcing to organisations in the financial services, travel & transportation, manufacturing/distribution, healthcare and government sectors.
Sabre Holdings serves the travel and tourism vertical. It deals in software solutions for travel agencies, corporations, travellers, airlines, hotels, car, rail, cruise and tour operator companies, through its four businesses – Sabre Airline Solutions, Sabre hospitality solutions, Sabre Travel Network (including GetThere) and Travelocity (including lastminute.com and Zuji) in nearly 60 countries.
(Edited by Prem Udayabhanu)