Travelport

The company was formed by Cendant in 2001 following its acquisitions of Galileo GDS for $2.9 billion and CheapTickets for $425 million. In 2004, the company acquired Orbitz for $1.25 billion and Flairview Travel for $88 million. In 2005, the company acquired eBookers for $350 million and Gullivers Travel Associates for $1.1 billion. In August 2006, Cendant sold Orbitz and Galileo to The Blackstone Group for $4.3 billion, forming Travelport. In May 2010, the company acquired Sprice.com. In 2011, the company sold Gullivers Travel Associates to Kuoni Travel for $720 million. On September 25, 2014, the company became a public company via an initial public offering on the New York Stock Exchange. In 2015, Travelport acquired Mobile Travel Technologies for ‎€55 million. On March 10, 2023, the company acquired Deem from Enterprise Holdings for an undisclosed amount. ==Awards==

In 2017, Travelport was the first GDS to be awarded the International Air Transport Association NDC (New Distribution Capability) Level 3 certification as an aggregator of travel content. In 2018, it became the first GDS operator to manage the live booking of flights using the NDC standard. ==Acquisition==

On May 30, 2019, the company was acquired by affiliates of Siris Capital Group and Evergreen Coast Capital, an affiliate of Elliott Management Corporation, for $4.4 billion. ==References==