United Kingdom
United States
Asia Pacific
Sabre Corp acquires LCC tech provider Radixx
Sabre Corp has acquired an Orlando-based technology provider with a large presence in the low cost carrier market.
Radixx International Inc. offers cloud-based airline solutions with a travel e-commerce platform for LCCs across Europe, South America, Asia Pacific and Africa.
The acquisition of Radixx was completed with cash on hand of about $110 million.
Sabre will operate Radixx as a standalone subsidiary within its Airline Solutions business.
"This acquisition will result in a better alternative for low cost carriers that might have otherwise felt their PSS and other technology options were limited," said Sean Menke, chief executive officer of Sabre.
"This acquisition also allows Sabre to quickly expand its footprint both geographically and in terms of scope of service with an important and rapidly growing segment."
Radixx is expected to bring in about $20 million in revenue this year.
John Elieson, CEO, Radixx said: "Sabre will have an immediate positive impact on our existing customers and allow us to serve airlines previously beyond our reach."
Related News Stories:
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darren Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Tricia Handley-Hughes of Inteletravel announces the location for the TravelQuest 2025 conference
BA pilot dies during layover
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Protestors now targeting Amsterdam cruise calls