Amadeus Agrees to Buy Accenture’s Navitaire for $830 Million

Amadeus IT Holding SA agreed to buy Accenture Plc’s Navitaire for $830 million as the flight-bookings provider seeks to add products that target low-cost airlines in its largest acquisition.

Amadeus’ own offerings largely target full-service carriers and the company said it intends to market and sell the two product portfolios separately, investing in both. The deal is expected to be completed by the end of 2015 and as many as 550 Navitaire employees will be transfered to Amadeus.