Thread regarding Sabre Holdings layoffs

Fair Logix

Reading through the posts below, someone mentioned Fair Logix. If the deal with Fair Logix fell through wouldn't that just force Sabre to develop a solution themselves ?

I just googled it. That seemed to be the conclusion of the CMA. The CMA also concluded that Sabre would build it out themselves if they couldn't buy it. That seems logical I think Sabre would do that to.

Certainly seems like a good deal for our dev teams. In fact thinking about it more, we are going to spend roughly 80-100 million + in legal fees alone. That's not including the purchase price of 300 million + when we probably could have built this solution already and had market penetration for under 10 million.

More Ego than actual business case here ?
I don't see how 400 million on a 50 million dollar company makes any sense.
At the employee and shareholder expense ?

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| 2112 views | | 7 replies (last April 24, 2020) | Reply
Post ID: @OP+14C1TAIE

7 replies (most recent on top)

Looks like our COs deserve a fat bonus this year for doing amazing work!

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Post ID: @1ogs+14C1TAIE

In 6 days, Sabre will have to pay a $25MM fee to Farelogix for not purchasing them. Also, the cost of the purchase of Farelogix would be able to fund all of Sabre's employees for 6 months. So it appears technology is more important than the employees are at Sabre since we were just furloughed.

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Post ID: @1itv+14C1TAIE

In the past 2 years we could have spent that $400 million to have a team of 2000 people working on a better NDC product than the FareLogix one and spent the next year gaining customers instead of wasting all this time fighting in court.

The only winner in this is the lawyers.

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Post ID: @xqb+14C1TAIE

Getting Fairlogix lets us get and keep the Fairlogix customers. AA and others sure will hate that!

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Post ID: @mkh+14C1TAIE

We took the DOJ to court in the US and won! Thats a major achievement. The CMA in the UK made a decision based on who knows what logic that this acquisition was anti competitive, a position the US judge determined to be wrong. The world then turned upside down in the last two months and many of our airline customers decided to put this on hold, but not all of them. What we do next will be interesting but I am guessing that Farelogix is no longer a good deal for Sabre

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Post ID: @vuo+14C1TAIE

It's been in courts for 2 yrs ?
It will probably be another year before its done. If we didnt win and it looks like we wont in CMA and its 50/50 in the US.
Then we will have zero and 3 more years behind.

We should just build this out IMO

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Post ID: @umd+14C1TAIE

fact is farelogix acquisition was to help accelerate the NDC timeline. Amadeus is far ahead. Not clinching this only puts Sabre further behind in terms of technology. And I guess we all know pretty well that Amadeus is way ahead in that aspect.

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Post ID: @evh+14C1TAIE

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