People familiar with the development say that the company is considering a US initial public offering that could value it at more than $2 billion.
The company is going to sell shares for the first time. The US IPO of IBS Software could happen as soon as this year according to them. People who asked not to be identified as the information is private said that the company is considering asking for $500 million.
The people said that the details of the IPO could change. Representatives for the banks didn't say anything. The company is focused on taking advantage of the recovery in travel, and is a strong IPO candidate in the right market environment, according to a spokesman for the company.
According to its website, the company provides software solutions to airlines, hotels and other businesses. Australia, Canada, Japan, South Korea, the UK and the US are some of the countries where the company has an office.
The deal for a minority stake in the company was announced in 2015.
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