Sabre to Sell GetThere Platform to Serko-December 2024-www.financetom.com

Sabre to Sell GetThere Platform to Serko

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Sabre to Sell GetThere Platform to Serko

Nov 3, 2024 1:06 PM

04:24 PM EDT, 10/28/2024 (MT Newswires) -- Sabre (SABR) agreed to sell its GetThere business travel management platform to Serko for an undisclosed price.

Southlake, Texas-based Sabre and Serko of Auckland, New Zealand, plan to collaborate on new product capabilities and expand their customer base, the companies said Monday in a statement.

Sabre said the sale of GetThere won't have a significant impact on revenue, adjusted earnings before interest, taxes, depreciation and amortization or free cash flow.

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