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On February 5, 2002, the Company acquired 100% of Marconi Data Systems, formerly known as Videojet Technologies (âVideojetâ), from Marconi plc in a stock acquisition, for approximately $400 million in cash including transaction costs.
The revenue management practices created by Sabre continue to be used today. And a decade after that, in 1996, Sabre launched the website Travelocity. In 2000, Sabre separated from American Airlines to form its own company, the Sabre Holdings Corporation.