NIIT Technologies, on Tuesday, said it had signed an agreement to acquire U.S. firm Sabre Holdings’ Philippines Development Centre.
“The acquisition fits well with our strategy of ‘focus and differentiate’, and enhances our global delivery footprint,” NIIT Technologies Chief Executive Officer Arvind Thakur said in a statement.
“Sabre is a global technology company which provides solutions for the travel industry.
The statement further said that Manila was a proven destination for business process outsourcing (BPO) services, and NIIT Technologies would provide services to Sabre and its other customers from the Manila centre, which had a capacity of 200 seats with opportunity for expansion. “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,” Sabre’s Chief Information Officer Barry Vandevier said.