Coforge wins $1.56 billion, 13-year deal with Sabre to advance AI-enabled travel solutions

IT solutions company Coforge Ltd on Tuesday (March 4) said it has signed a $1.56 billion, multi-year agreement with Sabre Corporation, a leading global travel technology company, to strengthen their long-standing partnership and accelerate Sabre’s product roadmap.Under this 13-year contract, Coforge will play a key role in enhancing product delivery and developing AI-enabled solutions, reinforcing Sabre’s commitment to innovation, speed, and scale. The collaboration aims to drive advancements in travel technology, leveraging AI to optimise solutions for the industry.

Also Read: Coforge Q3 Results: Stock surges 10% after a strong quarter, acquisition, dividend payout
Kurt Ekert, CEO and President of Sabre, said, “Laser focus, ruthless prioritization and key technology investments have positioned us to intensify innovation and reinforce our pursuit of being the most valued global technology platform in travel.Sabre is in an advantaged position to pioneer, build, and deploy the next generation of solutions alongside our continuously expanding travel marketplace, and we look forward to Coforge’s partnership in expediting the process.”

Sabre’s future-forward technology and disruptive approach to the market, coupled with Coforge’s scale and expertise, seeks to become a driving force in modernizing the travel industry as a whole – leading a new standard for the pace of change.

Also Read: Coforge shares recover from lows post commentary; analysts raise target by up to 25%

Shares of Coforge Ltd ended at ₹7,228.00, down by ₹128.50, or 1.75%, on the BSE.