Strategic acquisition of an airport IT leader to add complementary product set and key customers relationships in Asia, Europe and the Middle East
· UFIS addition brings unique Airport IT software development expertise, a complementary suite of airport solutions and over 30 airport customers worldwide
· The transaction significantly enhances Amadeus’ presence in the Airport IT industry, reinforcing commitment to the segment
· Amadeus adds further momentum to Amadeus strategy of diversification into new business areas
· Since Amadeus launched Airport IT in June 2012, the business has grown quickly with Munich and Copenhagen Airports as launch customers and over 55 ground handlers signed to DCS
Madrid, Spain, 3 February, 2014: Amadeus, a leading technology partner for the global travel industry, today announced that it continues its expansion into the Airport IT space with the acquisition of UFIS Airport Solutions, a leading airport information technology player.
The acquisition of UFIS Airport Solutions significantly enhances Amadeus’ existing position within the Airport IT industry. UFIS brings to Amadeus a complementary suite of airport technology solutions based on UFIS’ 25 years of unique Airport IT software development expertise, as well as a set of important customer relationships worldwide with specific emphasis on Asia, the Middle East and Europe.
John Jarrell, Head of Airport IT, Amadeus commented:“This strategic acquisition accelerates our move into the Airport IT industry, confirming Amadeus as a key provider in this space, and emphasizing our commitment to this sector. There are numerous synergies between the two companies including very strong management and development teams in addition to innovation and customer focus. Together, we are well positioned to shape the future of travel for the airport industry which today stands at a business model crossroads, evolving more and more to become business-oriented service providers with passengers as their top priority.”
“The acquisition is very good news for our customers and employees worldwide who will now benefit from the addition of Amadeus’ scale, global reach, and travel industry expertise, a solid foundation to revolutionise the airport experience to meet the needs of today’s sophisticated travellers,” said Holger Mattig, President & CEO, UFIS Airport Solutions. “We are confident that joining forces with this world class player will result in outstanding and comprehensive solutions for the airport community.”
UFIS’ products and services offerings are complementary to Amadeus’ Airport IT product set, bringing specific expertise in the areas of Airport Operational Databases, Resource Management Systems, Flight Information Display Systems, Collaborative Decision Making tools and Hub Management solutions.
The majority of UFIS’ employees, including top management, are based in Singapore. The company has been providing integrated solutions for single, multi-terminal and multi-airport operations for the global airport community for more than two decades. UFIS Airport Solutions is an industry leader in enabling its customers to carry out collaborative airport management, an approach that perfectly fits Amadeus’ Airport IT strategy.
As a result of the transaction approximately 54 employees globally, including UFIS’ management team, will become part of Amadeus’ Airport IT Group.
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Notes to the editors
Amadeus is a leading provider of advanced technology solutions for the global travel industry. Customer groups include travel providers (e.g. airlines, hotels, rail and ferry operators, airports, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and travel management companies).
The Amadeus group employs around 10,000 people worldwide, across central sites in Madrid (corporate headquarters), Nice (development) and Erding (operations), as well as 71 local Amadeus Commercial Organisations globally.
The group operates a transaction-based business model. For the year ended December 31, 2012 the company reported revenues of €2,910.3million and EBITDA of €1,107.7 million. Amadeus is listed on the Spanish Stock Exchange under the symbol "AMS.MC" and is a component of the IBEX 35 index.
About UFIS Airport Solutions
UFIS Airport Solutions is a well-respected player in the airport information technology domain. The company's airport experts are known for their innovative approach and long-term experience in airport business process engineering and the provision of airport operational IT systems. Its product the Universal Flight Information System (UFIS®) is operating at many airports worldwide, including those in Singapore, Dubai, Bangkok, Delhi, Rome, Abu Dhabi, Bangalore, Warsaw, Athens and London.
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