Categories: Business

Coforge bags $1.56-billion deal from Sabre Corporation

Coforge has secured a 13-year partnership contract valued at approximately $1.56 billion from US-based Sabre Corporation, a travel technology company.

Coforge announced this new agreement will strengthen their long-standing partnership to supercharge Sabre’s product roadmap, furthering the latter’s ability to accelerate product delivery and launch additional AI-enabled solutions.

“Both Sabre and Coforge share a similar DNA as technology firms with a strong focus on cutting edge engineering solutions, customers and the travel industry,” said Sudhir Singh, CEO & Executive Director, Coforge. “Our new agreement is a major milestone in our partnership with Sabre. The scale and the complexity of the mandate reflects the deep trust and capability that both organizations bring to this partnership. It underlines, once again our strong commitment to engineering excellence and driving emerging innovation and transformation for our clients.”

“2025 is a pivotal year for Sabre,” said Kurt Ekert, CEO and President of Sabre. “Laser focus, ruthless prioritisation and key technology investments have positioned us to intensify innovation and reinforce our pursuit of being the most valued global technology platform in travel. Sabre is in an advantaged position to pioneer, build, and deploy the next generation of solutions alongside our continuously expanding travel marketplace, and we look forward to Coforge’s partnership in expediting the process.”

The company’s shares closed at Rs 7,228 today on BSE, down by 1.75%.

Source link

nasdaqpicks.com

Recent Posts

US backtracks on Canada-Mexico tariffs

This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to…

9 minutes ago

Private equity group Sycamore to take Walgreens private in $10bn deal

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories…

26 minutes ago

Lady Gaga fails to follow her own mantra in the risk-averse Mayhem — album review

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories…

42 minutes ago

Trump dump?

New plans and their unintended consequences Source link

58 minutes ago

Keir Starmer makes fresh diplomatic push for Ukraine peace plan

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories…

1 hour ago

TSX falls 1.2% as trade policy chaos spooks investors

TSX ends down 1.2% at 24,584.04 Tech falls 3.3% with Celestica down 10.4% Financials end…

1 hour ago