Airline technology provider Accelya has entered into an
agreement to acquire Farelogix.
Accelya plans to use Farelogix’s offerings “to provide a
next-generation, end-to-end platform that enables airline commerce, providing a
full suite of innovative retailing, distribution and fulfillment solutions.”
Barcelona-based Accelya provides ﬁnancial, commercial, cargo and analytics
solutions for airlines. The company said it has 200 airline customers. Farelogix specializes in airline distribution, giving airlines merchandising solutions that use IATA's New Distribution Capability standard.
Terms of the acquisition were not disclosed, and it is
subject to regulatory approval. Accelya said it expects the transaction to
close this summer.
Farelogix was to be acquired by Sabre in a $360 million deal
announced in late 2018. The Department of Justice sought to block the
acquisition, but Sabre won the lawsuit, only to be stopped days later by a
ruling against the deal by the U.K.’s Competition & Markets Authority.
Sabre abandoned its acquisition plans this spring after the CMA’s ruling.