M&A Deal Summary

Navitaire Acquires Open Skies

On December 6, 2000, Navitaire acquired internet software and services company Open Skies from HP

Acquisition Highlights
  • This is Navitaire’s 1st transaction in the Internet Software and Services sector.
  • This is Navitaire’s 1st transaction in the United States.
  • This is Navitaire’s 1st transaction in Utah.

M&A Deal Summary

Date 2000-12-06
Target Open Skies
Sector Internet Software and Services
Buyer(s) Navitaire
Sellers(s) HP
Deal Type Divestiture

Target

Open Skies

Salt Lake City, Utah, United States
Open Skies, provides innovative and efficient automation of products and services to the airline industry.Open Skies is recognized as one of the fastest growing providers of hosted airline reservation solutions. A wide array of complementary products, including revenue management systems and integrated ticketless/e-commerce solutions, are providing airlines throughout the world with leading revenue producing solutions,

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Buyer(S) 1

Buyer

Navitaire

Minneapolis, Minnesota, United States

Category Company
Founded 1993
Sector Information Technology
Employees550
DESCRIPTION

Navitaire delivers technology services that enable growth, profitability and innovation to more than 50 airlines worldwide.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Utah M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2000 M&A 1 of 1

Seller(S) 1

SELLER

HP

Palo Alto, California, United States

Category Company
Founded 1939
Sector Technology Hardware
Employees58,000
Revenue 53.6B USD (2024)
DESCRIPTION
HP's corporate headquarters in Palo Alto, California.
HP's corporate headquarters in Palo Alto, California.

HP is a technology company that focuses on providing hardware, printers, and personal computing products. HP was founded in 1939 and is based in Palo Alto, California.


DEAL STATS #
Overall 4 of 14
Sector: Internet Software and Services M&A 1 of 4
Type: Divestiture M&A Deals 3 of 10
State: Utah M&A 1 of 1
Country: United States M&A 4 of 13
Year: 2000 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-11-18 Qosnetics

Portsmouth, New Hampshire, United States

Qosnetics was established in 1995 and has become a leading provider of internetworking test solutions that improve the quality, performance and reliability of new classes of Internet-related equipment, networks, and Quality of Service products. Qosnetics has 32 employees, located in Portsmouth, N.H.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-01 Heartstream

Seattle, Washington, United States

Heartstream, a maker of portable heart defibrillators designed to improve survival rates from sudden cardiac arrest.

Sell -