Amadeus announced it has completed the acquisition of Vision-Box, a provider of biometric solutions for airports, airlines and border control customers. The deal has now received all necessary regulatory approvals in all relevant markets. Amadeus acquired privately owned Vision-Box for an agreed price of approximately $347.3 million.
The combined offering of the two companies, according to the announcement, will allow Amadeus to deliver a fully integrated traveler journey, from the moment of booking to arrival at the airport, including border control and boarding.
Vision-Box’s founder and CEO, Miguel Leitmann, will join Amadeus, together with its 470 employees. Leitmann will report to Decius Valmorbida, president, travel, Amadeus; and Vision-Box solutions will become part of Amadeus’ portfolio offering for airports and airlines.
According to the announcement, Vision-Box had expected revenues of $76 million, and an estimated normalized EBITDA of close to $21.7 million, in 2023.
