Travel data provider OAG has acquired competing air travel data provider Infare from London-based private equity firm Ventiga Capital, the companies announced. The providers plan to combine OAG’s data solutions with Infare’s airfare data to provider a broader picture of supply and demand, strengthening OAG’s “ability to deliver consistent and accurate information across the wider supply and demand value chain,” according to OAG CEO Phil Callow.
Financial terms of the acquisition weren’t disclosed, but the firms in a statement said the deal values the combined companies at more than $500 million and increases OAG’s size to more than 300 employees in 10 offices around the world. Management teams of both companies will remain in place, according to the companies.
