GuestLogix to sell OpenJaw to TravelSky Technology

GuestLogix Inc (TSX: GXI), which earlier this year obtained creditor protection, has agreed to sell its interest in OpenJaw Technologies Inc to China's TravelSky Technology Ltd. No financial terms were disclosed for the sale, which is expected to close on or before May 6th. Toronto-based GuestLogix is a provider of merchandising, payment, and business intelligence technology to the passenger travel industry. Last year, it closed a credit deal with Vistara Capital Partners and Beedie Capital Partners.

7 April 2016•5 mins read
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