
GDS Amadeus to Acquire German IT Company I-FAO
At the beginning of this month Amadeus announced the acquisition of German IT company I-FAO. I-FAO developed Cytric, a leading online corporate booking tool which is already used by major European and international companies like IKEA, Accenture, ADP, Siemens or Canon Europe.
Amadeus already fortified its sales presence as the leading leisure travel sales platform in Germany with the 2006 acquisition of TravelTainment (the primary leisure travel internet booking engine in Germany) and is now yet again adding to its suit of products another corporate booking tool (Cytric) right next to their own corporate booking tool, E-Travel (which is also supported by PASS Consulting’s XX/1). Continue reading