India’s Coforge, Sabre Corp ink 13-year agreement valued at $1.56 billion

(Reuters) – Indian IT services provider Coforge said on Tuesday it had entered into a 13-year agreement valued at $1.56 billion with Sabre Corp to strengthen the U.S.-listed travel booking provider’s product roadmap.

The agreement will further Sabre’s ability to accelerate product delivery and launch additional artificial intelligence-driven solutions, Coforge added in an exchange filing.

“The scale and the complexity of the mandate reflect the deep trust and capability that both organizations bring to this partnership,” Coforge CEO Sudhir Singh said.

(Reporting by Ananta Agarwal in Bengaluru; Editing by Shreya Biswas)