Details

Last Funding Type

Post-IPO Debt

Last Funding Money Raised

$555M

Industries

Business Intelligence,Information Technology,SaaS,Tourism,Travel

Founded date

Jan 1, 1960

Number Of Employee

5001 - 10000

Operating Status

Active

Stock Symbol

nasdaq:SABR

Legal Name

Sabre GLBL Inc.

Also Known As

Sovereign Holdings,Sabre Corporation

Founded in 1960, Sabre is a technology solutions provider to the global travel and tourism industry. It offers a broad range of technology solutions including, data-driven business intelligence, mobile, distribution and Software-as-a-Service solutions which are used by travel suppliers (airlines, hotels, car rental outlets, railways, cruise lines and tour operators) and travel buyers (travel agencies, travel management companies and corporate travel departments) to plan, market, sell, serve and operate their business.

In 2013, Sabre’s technology processed over $100 billion of estimated travel spending and more than 1.1 trillion system messages. Headquartered in Southlake, Texas, USA, Sabre has a presence in approximately 60 countries around the world. We serve our customers through cutting-edge technology developed in six facilities located across four continents. Sabre is privately owned by TPG and Silver Lake Partners.

The company operates three businesses: Sabre Airline Solutions, Sabre Hospitality Solutions and Sabre Travel Network.

The first passenger reservations system offered by Sabre, installed in 1960, marked a dramatic leap forward for the airline industry, automating one of its key business areas. In the following years, Sabre Airline Solutions® pioneered technological advances in areas such as revenue management, pricing, flight scheduling, cargo, flight operations and crew scheduling. Sabre helped invent electronic commerce for the travel industry, they hold claim to progressive solutions that defined — and continue to modernize — the travel and transportation marketplace.

Sabre Corporation has had 2 exits. Sabre Corporation most notable exits include American Express Global Corporate Travel Advisors ,   TripIt

Sabre Corporation has acquired 11 organizations. Their most recent acquisition was SynXis Corporation on Dec 10, 2004. They acquired SynXis Corporation for 0.

Date Company Name	Industry	Acquisition Type	Price
Dec 10, 2004 SynXis Corporation	Information Technology	acquisition	—	Detail
Jul 1, 2005 lastminute.com	Internet	—	$ 1B	Detail
Feb 13, 2006 Trams	Customer Service	acquisition	—	Detail
Dec 19, 2008 EB2 International	E-Commerce	—	—	Detail
Mar 29, 2010 Calidris	Aerospace	acquisition	—	Detail