M&A Deal Summary

TravelSky Technology Acquires OpenJaw Technologies

On April 7, 2016, TravelSky Technology acquired software company OpenJaw Technologies from Guestlogix

Acquisition Highlights
  • This is TravelSky Technology’s 1st transaction in the Software sector.
  • This is TravelSky Technology’s 1st transaction in Ireland.

M&A Deal Summary

Date 2016-04-07
Target OpenJaw Technologies
Sector Software
Buyer(s) TravelSky Technology
Sellers(s) Guestlogix
Deal Type Divestiture

Target

OpenJaw Technologies

Dublin, Ireland
OpenJaw Technologies Ltd. is a provider of travel distribution software solutions to the travel industry.

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Buyer(S) 1

Buyer

TravelSky Technology

Beijing, China

Category Company
Founded 1979
Sector Information Technology
Employees6,740
Revenue 8.8B CNY (2024)
DESCRIPTION

TravelSky Technology is a provider of IT services. TravelSky Technology was founded in 1979 and is based in Hong Kong, China.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Guestlogix

Toronto, Ontario, Canada

Category Company
Sector Information Technology
Revenue 37M USD (2014)
DESCRIPTION

Guestlogix is a provider of ancillary-focused merchandising, payment and business intelligence technology to airlines and the passenger travel industry. Guestlogix is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-02 OpenJaw Technologies

Dublin, Ireland

OpenJaw Technologies Ltd. is a provider of travel distribution software solutions to the travel industry.

Buy $41M