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About Amadeus
Industries
Enterprise Software
Social Impact
Company Size
10,001+
Company Stage
IPO
Headquarters
Madrid, Spain
Founded
1987
Overview
Company Historically Provides H1B Sponsorship
Amadeus connects the travel and hospitality industry through a comprehensive platform that serves airlines, hotels, travel agencies, and other service providers. The company offers software solutions that help streamline operations and enhance customer experiences, allowing clients to operate more efficiently. Amadeus generates revenue through subscription fees, transaction-based fees, and service charges. What sets Amadeus apart from its competitors is its commitment to using travel as a means for social and environmental good, fostering partnerships and innovations that benefit communities and the planet.
Simplify's Take
What believers are saying
- Acquisition of Vision-Box enhances Amadeus' biometric technology capabilities for contactless travel solutions.
- Investment in Hivr.ai allows Amadeus to leverage AI for improved hotel revenue.
- Acquisition of Voxel expands Amadeus' B2B payment solutions, creating new revenue streams.
What critics are saying
- Emerging AI-driven travel platforms could erode Amadeus' market share.
- Rapid evolution of payment technologies may outpace Amadeus' current offerings.
- Integration of acquired companies like Vision-Box and Voxel may face operational challenges.
What makes Amadeus unique
- Amadeus integrates travel and technology, offering a comprehensive platform for the travel ecosystem.
- The company enhances travel experiences through advanced technology and innovative partnerships.
- Amadeus focuses on social and environmental good, inspiring innovation in the travel industry.
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Funding
Total Funding
$6789M
Above
Industry Average
Funded Over
3 Rounds
Company News
Amadeus Ventures has made a minority investment in Hivr.ai, a German startup founded in 2020 that uses AI to automate hotel meetings and group sales processes. This investment aims to enhance hotel revenue by addressing the low confirmation rate of meeting requests. Amadeus is also exploring collaboration opportunities to integrate Hivr.ai's technology with its hotel clients. This aligns with Amadeus Ventures' focus on innovative AI solutions in the hospitality sector.
Amadeus has acquired B2B payments specialist Voxel for approximately €118 million. Spain-based Voxel provides electronic invoice and B2B payments services to travel suppliers including hotels.The acquisition supports “Amadeus’ vision to deliver a smooth travel payment experience. It will also complement Amadeus’ payments business, Outpayce, by enhancing its existing travel sellers’ product suite, while expanding in the hospitality segment,” the company said in statement.Amadeus unveiled its Outpayce payments business just over a year ago and applied to the Bank of Spain for an e-license covering Europe at the time
Amadeus has acquired biometric technology specialist Vision-Box for €320 million. The acquisition brings border control and other biometric access solutions to Amadeus, widening its capabilities to offer services from traveler booking to border control and boarding.In a statement Amadeus said the acquisition of Portugal-based Vision-Box furthers its “ambition to connect the travel industry through a seamless ecosystem approach.”It points to research from Biometrics Research Group that revealed that the global biometrics sector is estimated to grow to $86 billion by 2028 from $48 billion last year.Employees from Vision-Box, totaling 470, are expected to move to Amadeus and the transaction is expected to close in the first half of 2024. The company is expected to make €70 million in revenue in 2023 with almost €20 million in EBITDA
Venture arm of Spanish firm says the Israeli company's app 'improves the traveler experience enormously'
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About Amadeus
Industries
Enterprise Software
Social Impact
Company Size
10,001+
Company Stage
IPO
Headquarters
Madrid, Spain
Founded
1987
There are no jobs for Amadeus right now.
Find jobs on Simplify and start your career today