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SITA acquires ASISTIM to enter the operations as-a-service market

Jun 25, 2024

Acquiring Company

SITA

Acquired Company

ASISTIM

GenevaInformation TechnologyNon ProfitConsultingGovernmentinformation technology & servicesAerospace

Description

SITA, the leading technology provider for the air transport industry, has acquired ASISTIM, a company renowned for its airline flight operations services. This acquisition marks SITA's expansion into the operations as-a-service market, aiming to provide comprehensive solutions to airlines of all sizes. The move illustrates SITA’s commitment to helping airlines handle challenges and stay ahead in the evolving air travel industry.

Quick answer

SITA is acquiring ASISTIM, announced June 25, 2024. SITA is based in Geneva, Geneva, Switzerland.

How much did SITA pay for ASISTIM?
The deal value was not disclosed.
What does SITA do?
SITA is a leading provider of air transport communications and information technology, with a focus on embracing and implementing digitization and digital identity systems across the air travel industry.
Where are SITA and ASISTIM based?
SITA is based in Geneva, Geneva, Switzerland.
Who are the decision-makers at SITA?
Fundz holds 5 contacts at SITA. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

SITA

Location

26 Chemin De-Joinville

Geneva, Geneva, Switzerland

About

SITA is a leading provider of air transport communications and information technology, with a focus on embracing and implementing digitization and digital identity systems across the air travel industry.

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Frequently asked

Who acquired ASISTIM?

ASISTIM was acquired by SITA, based in Geneva. The deal was reported on June 25, 2024. SITA is a leading provider of air transport communications and information technology, with a focus on embracing and implementing digitization and digital identity systems across the air travel industry. SITA is privately held and operates in Information Technology.

When did SITA acquire ASISTIM?

SITA's acquisition of ASISTIM was reported on June 25, 2024. SITA, the leading technology provider for the air transport industry, has acquired ASISTIM, a company renowned for its airline flight operations services. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ASISTIM do?

ASISTIM is a company renowned for its airline flight operations services, offering a unique triad of OCC, IT, and training academy services. It is privately held, operating in Aerospace.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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