Today traveltech company Amadeus announced it is acquiring Vision-Box, a leading provider of biometric solutions for airports, airlines, and border control customers for €320 million.
Amadeus is a transaction processor providing transaction processing power and technology solutions for the travel and tourism industry.
Founded in 2001, Vision-Box creates digital connectivity between all stakeholders in the aviation market, from airlines to airports and border agencies, allowing the whole traveller journey to become contactless.
Its developed a biometric services platform that connects all stakeholders, making travel and border crossing effortless through advanced machine learning algorithms and easy-to-use interfaces.
Specifically, Amadeus will be fully acquiring privately-owned Vision-Box for an agreed price (EV) of approximately €320 million. As part of this acquisition, approximately 470 Vision-Box employees will transfer to Amadeus. The deal is subject to customary regulatory approvals and is expected to close in H1 2024.
The acquisition of Vision-Box will bring new capabilities around biometrics hardware and software, adding border control solutions to the Amadeus portfolio. Through this combined offering with Vision-Box, Amadeus will now be able to deliver a full end-to-end seamless passenger experience from booking to arrival at the airport through border control and boarding.
Decius Valmorbida, President, Travel, Amadeus, comments:
“Biometrics is a strategic and fast-growing industry, and Vision-Box’s capabilities will allow us to accelerate our growth in this area.
With a portfolio which is deeply complementary to our existing offering for both airports and airlines, our combined best-in-class solutions will now deliver a seamless passenger journey from booking to boarding.
This acceleration of our ecosystem approach will bring immediate and tangible benefits to our customers and travellers: it’s how travel works better.”
Miguel Leitmann, Founder & CEO of Vision-Box, adds:
“I’m extremely excited about the growth opportunities for Vision-Box as we join Amadeus, a leading travel technology player with a global footprint.
oTogether, we can deliver the next big step in the travel experience: to unite all separate players and systems in a single, digitally- integrated, and orchestrated ecosystem.
This compelling value proposition will drive user experience, on-time performance, infrastructure usage, and other key indicators to new levels of efficiency.”
Lead image: Vision-Box. Photo: uncredited.
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