Sonata Software has acquired a controlling stake in Rezopia Inc., a software system for travel providers.
Rezopia, headquartered in Redwood City, California, provides a cloud-based end-to-end reservations, contracts, operations and distribution management systems software for travel providers, such as railways, airlines and hotels. In a separate transaction, Sonata is also acquiring Xyka India Pvt. Ltd., which is the primary service provider for Rezopia's software. Terms of the transactions were not disclosed.
Sonata Software, headquartered in Bangalore, India, is an information technology services company that provides consulting, application developing, testing, maintenance and infrastructure support to the travel, retail and consumer goods industries.
In another recent travel deal, private equity firm Thoma Bravo closed a $930 million deal for TravelClick, a cloud-based software program for the hospitality industry.