Navitaire Acquires Data Center Service Provider
Acquisition Solidifies Airline ASPs Operations Infrastructure
Minneapolis; June 13, 2001: Navitaire Inc. one of the airline industry's leading application services providers (ASPs) today announced the acquisition of the Minneapolis data center operations arm of Herndon Virginia based ServiceNet LLC, to further strengthen its ASP service offerings for the airline industry.
Navitaire is a leading global application and business service provider of advanced outsourcing solutions for airline passenger transaction processing. The company provides revenue management and revenue protection services for more than a third of the world's largest airlines and has developed one of the industry's most innovative Internet direct connect distribution channels.
Navitaire will obtain the ServiceNet Minneapolis data center along with approximately 40 IT and operations personnel. The Minneapolis location has been providing production application hosting services for the past 7 years. The acquisition will allow Navitaire to expand the hosting of its proprietary Revenue Accounting and Revenue Management applications along with the Open Skies airline reservation system.
"This acquisition will allow us to more effectively integrate production operations into our service delivery model," said Tom McClain CEO of Navitaire. "It more than doubles our data center capacity to meet our growing number of worldwide customers as well as quickly adding technology and operations skills to better serve our existing customers."
Navitaire now provides its hosted services from data centers located in Minneapolis, Minnesota, Salt Lake City, Utah, Sydney, Australia and London, England.
About Navitaire
Navitaire Inc. is a pioneer in the ASP industry, providing industry leading passenger revenue accounting technology to airline customers since 1993. Customers access sophisticated client-server applications on a per-transaction fee or gain-sharing basis, with application management, data center management, and network management services fully provided by Navitaire. The ASP delivery model makes it possible to offer industry-leading applications, with reduced implementation time and risk, ensured operational reliability, and a cost-effective fee structure.
Navitaire's customer base consists of over 40 worldwide clients, including 9 of the world's 25 largest airlines, as well as a growing base of smaller airlines. Navitaire is headquartered in Minneapolis, with offices in Phoenix, Salt Lake, Sydney and Manila. Accenture Technology Ventures, the venture capital unit of Accenture, is the majority investor in Navitaire.
Contact:
Bruce Green
Navitaire Inc.
+1 (612) 317-7009