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Juniper acquires IST cruise technology

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Juniper creates a new cruise vertical by incorporating IST’s team and its technology.

PALMA, BALEARIC ISLANDS, SPAIN - Juniper, a leading supplier of technological solutions in the tourism industry, has announced the completion of IST acquisition, the trailblazing technology-company offering solutions for the online sale of cruises.

"The goal of our project is to grow based on the great success that Juniper and IST have achieved in the tourism industry. The acquisition of IST is part of our strategy to continue being the leading company in technological solutions for the travel industry, while adding to our product portfolio the technology and experience of a highly specialized team with know-how on the cruise industry and its needs. By incorporating IST to our vertical, all our clients will be able to benefit from more comprehensive multi-product solutions, with cruises being another differentiating element within our portfolio from now on. IST’s clients will be able to access dynamic distribution solutions for all the products offered by the Juniper and Cangooro Booking Engines" said Juan Mateos, General Manager of Juniper.

Besides, Jaime Sastre, CEO of Juniper Group, added: "The acquisition of IST-Fibos is another step in our goal of creating a portfolio of technology companies dedicated to providing solutions to the tourism industry globally, while being led by the hand of expert teams".

Manuel Sardi, CEO of IST, stated: "Joining Juniper and its Group is undoubtedly a guarantee for the future that will allow us to globally deliver cruise product to more distributors and to strengthen even more out ties with the industry as well as with our clients. Juniper’s leading position will enable us to increase products and services immediately".

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