Juniper, a global travel technology company that provides online solutions for the tourism industry (OTAs, DMCs, BedBanks, Airlines, and Wholesalers), completes the acquisition of IST, the leading technology company in online cruise sales solutions, with more than 20 years of experience in the market.
"The goal of our project is to build on the great success that Juniper and IST have achieved in the tourism sector. The acquisition of IST is part of our strategy to remain the leading company in technology solutions for the travel industry and adds to our product portfolio the technology and experience of a highly specialized team with in-depth knowledge of the cruise industry and its needs.".
“By adding IST to our vertical, all our customers will be able to benefit from more comprehensive multi-product solutions, with cruises now being another differentiating element within our portfolio. IST customers will have access to dynamic distribution solutions for all the products offered by the Juniper and Cangooro Booking Engines,” said Juan Mateos, General Manager of Juniper.
Furthermore, Jaime Sastre, CEO of Juniper Group, added: "The acquisition of IST-Fibos is another step in our goal of creating a portfolio of technology companies dedicated to providing solutions to the global tourism industry, and doing so with the help of expert teams."
Manuel Sardi, CEO of IST, stated: “Joining Juniper and its Group is undoubtedly a guarantee for the future, allowing us to bring our cruise product to more distributors globally and further strengthen our ties with the industry and our customers. Juniper’s leading position will enable us to immediately expand our product and service offerings.”
