11 September 2012

NIIT Technologies acquires Sabre Holdings’ Development Center in Manila, Philippines

New Delhi, Manila, Atlanta, London, Singapore, Thailand - 11 September 2012 - NIIT Technologies Ltd., a leading global IT solutions organization today announced that it has signed an agreement to acquire Sabre Holdings’ Philippines Development Center. Sabre, a global technology company, is the world’s leading provider of solutions for the travel industry and also a key customer of NIIT Technologies.

The acquisition further deepens NIIT Technologies’ engagement with Sabre and enhances its global delivery capability. Manila is a proven destination for Business Process Outsourcing (BPO) services and NIIT Technologies will provide services to Sabre and its other customers from this Manila center, which has a capacity of 200 seats with opportunity for expansion. 

Commenting on the expansion, Mr. Arvind Thakur, Chief Executive Officer, NIIT Technologies said “The acquisition fits well with our strategy of ‘Focus and Differentiate’ and enhances our global delivery footprint”. 

"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 Mr. Barry Vandevier, Chief Information Officer, Sabre. “It also streamlines our company's location portfolio while continuing to provide Sabre customers with the same high level of service”. 

“We welcome Sabre’s Manila team to NIIT Technologies as we strengthen our Travel Services offerings in the region,” said, Mr. Lalit Dhingra, President, NIIT Technologies. “The acquisition will enhance our deep domain knowledge with the expansion in our strong talent base and bring in global technology best practices to help corporations effectively respond to their global IT needs”. 

NIIT Technologies is ranked No.1 in Travel by Datamonitor Black Book of Outsourcing and has held this position for three consecutive years. The Company continues to strengthen its position towards becoming a significant IT services player in the global Travel and Transport markets.

NIIT Technologies is a leading IT solutions organization, servicing customers in North America, Europe, Middle East, Asia and Australia. It offers services in Application Development and Maintenance, Managed Services, IP Asset or Platform Solutions, and Business Process Outsourcing to organizations in the Financial Services, Travel & Transportation, Manufacturing/Distribution, Healthcare and Government sectors. 

Sabre Holdings® is a global technology company serving the travel and tourism industry. It provides software to travel agencies, corporations, travelers, airlines, hotels, car, rail, cruise and tour operator companies. Headquartered in Southlake, Texas, Sabre has approximately 10,000 employees in 60 countries around the world. It has major development and customer care centers in the United States, Argentina, India, Poland and Uruguay. Sabre is privately owned by Texas Pacific Group (TPG) and Silver Lake Partners. 

Source: NIIT Technologies