- Transaction is in line with Amadeus' strategy of diversification into new business areas.
- Deal significantly strengthens presence in the Hotel IT market, and emphasizes commitment to the sector.
- Adds strong management team with deep subject matter expertise and understanding of the hotel industry.
- Newmarket will bring a strategic customer base with top tier hotel chains and substantial hotel infrastructure and expertise.
- Newmarket is a growing, profitable and cash-generative business that will be earnings accretive to Amadeus from day one.
- The transaction is expected to close in the first quarter of 2014.
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