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Sabre Holdings Selects HP for $800 Million Infrastructure and Applications Services AgreementHP to Enhance Sabre's Technology Infrastructure to Lower Costs, Improve Time to Market (March 22, 2012)
PALO ALTO, CA -- (Marketwire) -- 03/22/12 -- (NYSE: HPQ) -- HP Enterprise Services today announced an $800 million, six-year services agreement with Sabre Holdings to enhance Sabre's technology infrastructure by implementing HP's networking and flexible storage solutions.
To enable Sabre to continue providing innovative products for the travel industry, HP will upgrade Sabre's network and storage infrastructure to improve its agility and resiliency while helping drive down costs.
"The travel industry is highly competitive, demanding that we develop and deliver innovative products for our customers quickly while keeping costs down," said Barry Vandevier, chief information officer, Sabre Holdings. "In the past decade, HP has delivered a combination of hardware, software and services to create the reliable infrastructure we need to stay ahead of the competition."
HP will upgrade Sabre's core mainframe platform and also migrate the majority of Sabre's data center network and storage to HP hardware solutions, including HP 3PAR and HP networking. As an extension of the companies' 11-year relationship, HP will continue to provide core infrastructure services, including the hosting of Sabre's customer-facing systems and support of its end-user environments, including network, print and desktop technologies.
The agreement also includes services for the company's LAN/WAN environment and for Sabre's desktop and notebook PCs, handheld devices, printers and servers.
HP will continue providing Applications Management Services for Sabre's internal applications that support its business. The management of Sabre's applications environment will help the company operate efficiently while enabling it to continue innovating for its customers.
HP will support Sabre's locations around the world from global delivery centers. HP's model blends the power of its technology portfolio with global delivery expertise to give clients greater flexibility and cost efficiency while minimizing risks.
"Diverse travel technology companies have a need for flexible infrastructures so they can take advantage of growth opportunities," said Mike Klaus, vice president and general manager, Consumer and Transportation Industries, HP Enterprise Services. "HP is best positioned to create an operationally sound infrastructure with improved service levels that will help Sabre remain focused on delivering quality products and services to the travel industry."
HP's premier client event, HP Discover, takes place June 4-7 in Las Vegas.
Sabre Holdings is a global travel technology company, serving the world's largest industry -- travel and tourism. Sabre provides software to travel agencies, corporations, travelers, airlines, hotels, car, rail, cruise and tour operator companies through its four businesses: Sabre Airline Solutions, Sabre Hospitality Solutions, Sabre Travel Network and Travelocity (including lastminute.com and Zuji).
Headquartered in Southlake, Texas, Sabre has approximately 10,000 employees in 60 countries around the world. It has large development and customer care centers in the United States, Argentina, India, Philippines, Poland and Uruguay. Sabre has won numerous awards for being a top employer and corporate citizen in Argentina, Brazil, India, Mexico, Peru, Poland and the United States. Sabre is privately owned by Texas Pacific Group (TPG) and Silver Lake Partners.
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations, including execution of cost reduction programs and restructuring and integration plans; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; expectations and assumptions relating to the execution and timing of cost reduction programs and restructuring and integration plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2012 and HP's other filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2011. HP assumes no obligation and does not intend to update these forward-looking statements.
© 2012 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
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