2023-07-05 08:37:55 ET
- Sabre ( NASDAQ: SABR ) notifies the acquisition of hospitality e-commerce provider UK-based Techsembly, for an undisclosed sum.
- The move will accelerate Sabre's ( SABR ) vision to provide unlimited capabilities for retailing in hospitality, allowing hoteliers to sell anything across channels.
- The addition of Techsembly brings advanced marketplace and gift card retailing capabilities to Sabre Hospitality's existing SynXis Retail Studio.
- Techsembly's online marketplace and gift card capabilities will be combined and integrated with SynXis Retail Studio to create a single location that provides an infinite number of product kinds at all points in the customer journey.
- Per the terms, Sabre ( SABR ) will bring Techsembly's talented e-commerce experts and developers to the company.
- Shares of SABR are down 1.2% in premarket trade on Wednesday.
For further details see:
Sabre announces acquisition of Techsembly