NEW DELHI, Sept 11: NIIT Technologies Ltd today said it has signed an agreement to acquire Sabre Holdings’ Philippines Development Center.
Sabre, a global technology company, is the world’s leading provider of solutions for the travel industry and also a key customer of NIIT Technologies.
“Manila is a proven destination for Business Process Outsourcing (BPO) services and NIIT Technologies will provide services to Sabre and its other customers from this Manila center, which has a capacity of 200 seats with opportunity for expansion,” it said in a statement.
However, the company did not disclose the financial details of the deal.
Mr Arvind Thakur, Chief Executive Officer, NIIT Technologies said, “The acquisition fits well with our strategy of ‘Focus and Differentiate’ and enhances our global delivery footprint.”
Sabre Chief Information Officer Barry Vandevier said, “Asia-Pacific is an important growth region for Sabre and the industry and we believe this move helps further strengthen our established relationship with NIIT Technologies and positions Sabre for greater growth within APAC.” (UNI)
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