CCI approves acquisition of certain stake of IBS Software Pte Limited by Pelipper HoldCo SARL
Summary
CCI approves acquisition of certain stake of IBS Software Pte Limited by Pelipper HoldCo SARL The Competition Commission of India (CCI) approves acquisition of certain stake of IBS Software Pte Limited by Pelipper HoldCo SARL. Target Groups solutions for the aviation industry cover fleet and crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel & air-cargo management. The Target Group also runs a real-time B2B and B2C distribution platform providing hotel room inventory, rates, and availability to a global network of hospitality companies and channels. For the tour and cruise industry, the Target Group provides a comprehensive customer-centric, digital platform that covers onshore, online and on-board solutions. In addition, the Target Group provides IT services largely to its existing external customer base, offering consulting, data migration, support for testing, building new apps.