Ongoing collaboration will support joint strategic development, investment and commercial plans
Upon closing, Serko will acquire GetThere, Sabre’s corporate online booking tool
SOUTHLAKE, Texas and AUCKLAND, New Zealand, Oct. 28, 2024 /PRNewswire/ — Sabre Corporation (NASDAQ:SABR) (“Sabre”), a leading software and technology company powering the travel industry, and Serko Limited (NZX & ASX: SKO) (“Serko”), a leading online travel technology company, announced today that they have entered into a definitive agreement, pursuant to which Serko will acquire GetThere L.P. (“GetThere”), Sabre’s powerful business travel management solution.
Under the new partnership, Serko will acquire the GetThere business and work with Sabre to collaborate on the development of new product capabilities for corporate customers, as well as the growth and expansion of the companies’ relevant customer base – all with the goal of empowering and delivering greater value to travel management companies…