Sabre Holdings has acquired revenue integrity and business intelligence solutions company Calidris.
The company believes the purchase of the Iceland-based business will result in “a breakthrough revenue integrity solution flexible enough to help airlines make more money, and move beyond traditional processes of just preventing revenue loss”.
Calidris will become part of Sabre Airline Solutions and is the latest part of Sabre’s long-term growth plans and continual investments in the company’s airline portfolio.
Caldris chief executive Magnus Oskarsson said: “Becoming part of Sabre Airline Solutions is exciting for Calidris as together we will make a tremendous difference in the success and growth of airlines worldwide.
“We expect great things from this transaction, including technology growth and innovation.
“We see this as an important step towards continued growth of our operations and strengthening our development efforts here in Reykjavík.”
The enhanced revenue integrity solution is designed to allow easy access to business data making it an integral part of successful revenue planning and revenue generation.
It should also gives airlines a more responsive, smarter, well-tuned and fluid customer sales and service environment.
Steve Clampett, Sabre’s president of airline solutions and products, said: “Calidris has been validated by some of the world’s leading airlines and is a very innovative company that has developed some powerful technology that will move Sabre and the airline industry forward in the area of revenue integrity.”