Operator

Good day, ladies and gentlemen, and welcome to the Amadeus' intention to acquire IDEMIA Public Security Conference Call. [Operator Instructions]

I would now like to turn the conference over to Luis Maroto, President and CEO of Amadeus. Please go ahead.

Luis Camino
President, CEO & Executive Director

Good afternoon, and thank you for joining us at such short notice today. Today, we are pleased to announce our intention to acquire IDEMIA Public Security, or IPS. This is a complementary and travel-centric acquisition aimed at creating seamless end-to-end travel journeys of the future. Decius, Carol and I will walk you through the strategic and financial rationale for this acquisition as well as our time line to obtain regulatory approvals. So let's begin.

Please turn to Slide 5. Let me start by explaining why this acquisition is strategically important for Amadeus. IPS is a world-class market-leading end-to-end biometric technology platform with a strong global blue-chip client base. IPS fits naturally within our strategy. We already connect airlines, airports, hotels and border systems today. By bringing together the Amadeus travel platform with IPS' leading biometric and identity capabilities, we deepen our own capabilities and also strengthening our offering.

We link a larger part of the travel journey, enabling Amadeus to