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Under the new technology agreement, Travelport keeps hosting the Delta platform in their joint data center in Atlanta, and the airline gets more control of intellectual property and its data.

Delta Air Lines and Travelport quietly restructured their long-term technology services agreement last month, and as part of the pact 175 Travelport employees are slated to join the airline’s workforce on July 1.

Under the extended agreement, Delta reacquires certains intellectual property rights and data for its flight operations and passenger service systems, Travelport stated, and Travelport continues to host the Delta platform and run its system infrastructure from the data center the two companies share in Atlanta.

Under the restructured agreement, Travelport stated that there will be a “minor” adverse impact to its adjusted 2015 EBITDA, as both its revenue and costs from the pact will be reduced starting in July 2014.

Travelport disclosed the revised agreement with Delta in the S-1 IPO registration statement that Travelport filed June 4.

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Tags: delta air lines, ipo, travelport

Photo credit: Travelport and Delta restructured their technology services agreement which has Travelport continuing to monitor and host the airline's passenger services system. Pictured, a Delta employee loads baggage onto an aircraft. Delta Air Lines

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