Amadeus Buys Optym’s Flight Network Planning Tech
Amadeus, a travel technology company, is acquiring the airline tech unit of UF startup Optym, a privately-held world leader in new-generation optimization software solutions, for an undisclosed amount. The unit helps airlines with planning and scheduling their flight networks.
Optym, privately held and founded in 2000 by University of Florida professor Ravi Ahuja, Ph.D., aims to help airlines, such as EasyJet, Latam Airlines Group, and Southwest Airlines, trim their operational costs, boost profitability, and enhance service. Optym’s employees are mainly based at the headquarters in Gainesville, FL.
Optym’s airline optimization services, with the 90 employees associated with it, will become part of Amadeus Sky Suite. Optym, which provides tech services for multiple verticals, previously told The Gainesville Sun that it had generated about $25 million in revenue in 2017.
Learn more about Amadeus Buys Optym’s Flight Network Planning Tech.