Sabre Holdings - History

History

Sabre Holdings grew out of American Airlines and spun off with an IPO on March 15, 2000. It now employs approximately 10,000 people in 60 countries. It is headquartered in Southlake, Texas.

On December 12, 2006, private-equity firms TPG Capital and Silver Lake Partners announced a deal to buy Sabre Holdings Corp. for about $4.5 billion in cash, plus the assumption of $550 million in debt. Sabre joined its three primary GDS competitors, Galileo, Amadeus, and Worldspan, as being privately owned.

On June 6, 2007, Sabre Holdings acquired Bethesda-based E-site Marketing, which specializes in online business applications for the hospitality industry.

On September 28, 2010, Sabre Holdings acquired Austrian Flight planning company f:wz aviation software GmbH.

Read more about this topic:  Sabre Holdings

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