On January 23, Juniper closed the acquisition of all entities and assets of TPF Software Inc (TSI), including USA, India, New Zealand, and Ireland. TSI was created in 1986 and provides products and services related to TPF/ALCS and Digital Enterprise technologies.
“Juniper has the great pleasure to welcome TSI’s customers to our family. We are excited about the inclusion of this great team and management group within the Juniper and Aquila family, and we plan to continue building upon the basis of the great success that both Juniper and TSI have already achieved within the Travel and Tourism Industry“, said Jaime Sastre, Juniper’s CEO, after the signing.
TSI began operations with the objective of providing graphical user interface tools for developers and testers of TPF, an IBM real-time operating system that offers high volume transaction processing. From the first moment, it has been number one with a market share of 70%-80%, surpassing even IBM’s own patented tool.
Today, it is positioned worldwide as one of the leading providers of comprehensive solutions for coding, testing, analysis, debugging and tuning of z / TPF applications. It also provides other IT services for the Tourism, Finance and Airlines industries. Some of its main clients are Air New Zealand, American Express, Travelport, Saber, Delta, Amex, Emirates, ASG, Aer Lingus and Marriott.
Thiru Thirupuvanam, co-founder of TSI, stated: “I am proud of the achievements of TSI during our more than 33 years and I am very excited to be part of the Juniper group, as this will allow further expansion, as well as a remarkable increase in our investment in research, development and innovation. The fact that not only do we keep our management team intact, but also that we will now have the opportunity to take advantage of Juniper’s knowledge and work side by side with their managers, is very encouraging to us. Our team is very excited about the efforts we will make to continue offering a high level of service to our customers and to provide them with greater opportunities for growth“.
The operation of purchase of TSI by Juniper has echoed in the most read tourism newspaper in the entire world, the Spanish preferente.com.
The digital has placed the news in the Technology section of its cover. Click on the following link to read the full story: Juniper buys TPF Software Inc. (TSI) in US, India, New Zealand and Ireland