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Founded Year

1960

Stage

IPO | IPO

Date of IPO

1/21/2014

Market Cap

1.13B

Stock Price

2.96

About Sabre

Sabre (NASDAQ:SABR) provides software and technology solutions that enable airlines, hoteliers, agencies, and other travel partners to retail, distribute, and fulfill travel. These solutions help customers operate efficiently, drive revenue, and offer personalized traveler experiences. Sabre primarily serves sectors such as airlines, travel agencies, corporations, hoteliers, and travel suppliers. The company was founded in 1960 and is based in Southlake, Texas.

Headquarters Location

3150 Sabre Drive Suite 8502

Southlake, Texas, 76092,

United States

682-605 -1000

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Sabre Patents

Sabre has filed 74 patents.

The 3 most popular patent topics include:

  • oxidizing agents
  • amines
  • data management
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/30/2022

1/30/2024

Taser, Energy weapons, Seinen manga, Technical drawing, Electroshock weapon controversies

Grant

Application Date

3/30/2022

Grant Date

1/30/2024

Title

Related Topics

Taser, Energy weapons, Seinen manga, Technical drawing, Electroshock weapon controversies

Status

Grant

Latest Sabre News

Conferma: On a Mission to Simplify Global Payments

Feb 19, 2024

Jason Lalor, CEO at Conferma Conferma, which has undergone a major rebrand, was acquired by Sabre Corporation in 2022, prior to receiving a minority investment from Mastercard As a pioneer in virtual card technology, Conferma ’s mission is clear: to simplify global payments, making it easy for any company—wherever they are in the world—to connect and do business. For almost 20 years, the firm has been providing the technology required to enable organisations covering diverse ecosystems to fulfil their growth potential. Even amidst a major rebranding initiative, Conferma, formerly known as Conferma Pay, remains dedicated to streamlining payment processes, with a focus on the travel industry. “Conferma has been the leader in driving virtual payments growth for almost two decades,” comments Jason Lalor , CEO at Conferma. “Having been in position for the last 12 months, it’s clear we have incredibly talented people and industry-leading products. “Our focus is to continue to strengthen and serve the travel ecosystem, while also utilising our underlying technology to connect new ecosystems in areas such as account payables and procurement. Additionally, we will continue to invest and lead in invoice reconciliation with our Snap+ product in 2024 and beyond.” Powering seamless payments Founded in 2005, Conferma is, in its own words, the world’s “foremost provider” of virtual payments technology , empowering businesses to seamlessly connect and pay. It applies advanced technology to make payments quick and simple, enabling organisations to focus on business efficiency and growth. In the travel industry specifically, Conferma connects issuers to hundreds of travel management companies, more than 175 online booking platforms and several dozen card issuers. What’s more, the company is fully integrated with all major card schemes and serves more than 50 banking partners that issue Conferma-generated virtual cards. Conferma’s rebrand comes after Sabre Corporation , the leading travel software and technology giant, acquired the business in 2022, which was followed by payment technology powerhouse Mastercard making a minority investment. Delivering innovative solutions Conferma has long recognised the challenges posed by outdated payment systems . Its commitment, therefore, is to deliver innovative solutions that enable faster, simpler payments, unlocking untapped opportunities for businesses worldwide. Emphasising Conferma’s dedication to driving digital transformation in payments, Lalor continues: “Our goal is to apply technology to break down barriers and advance connectivity in the global business landscape. “With our extensive ecosystem and unparalleled footprint in the travel marketplace in particular, Conferma is uniquely positioned to serve as a central network facilitating seamless transactions between businesses and their banking partner of choice.” Conferma’s expansion continues In line with its commitment to enhancing customer experience, Conferma has introduced an enhanced customer service function, providing round-the-clock dedicated support 24 hours a day, 365 days a year. The launch of such a resource underscores the company’s commitment to ensuring smooth and simple use of its virtual card technology by businesses worldwide. Meanwhile, Conferma's reshaped commercial team, led by Chief Commercial Officer Sonya Geelon , is poised for further growth and expansion in key regions. With the appointment of Ben Alderman as Regional Director of North America and Head of Travel, and the promotion of Adam Williams to Head of Commercial in Asia Pacific, Conferma appears well-positioned to innovate and drive its offerings to new heights. Discussing the bolstered team, Lalor adds: “These senior appointments put us on a really strong footing to innovate and expand our offering, and I’m delighted they are part of our growing expert team.” ****** Check out the latest edition of FinTech Magazine and sign up to our global conference series – FinTech LIVE 2024 . ******

Sabre Frequently Asked Questions (FAQ)

  • When was Sabre founded?

    Sabre was founded in 1960.

  • Where is Sabre's headquarters?

    Sabre's headquarters is located at 3150 Sabre Drive, Southlake.

  • What is Sabre's latest funding round?

    Sabre's latest funding round is IPO.

  • Who are the investors of Sabre?

    Investors of Sabre include Battery Ventures.

  • Who are Sabre's competitors?

    Competitors of Sabre include Travelport, American Express Global Business Travel, Egencia, Airbnb, Decolar and 7 more.

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