Summary
- PROS Holdings said it acquired Travelaer SAS for about $12 million.
- Travelaer has developed an airline optimized booking engine.
- With the acquisition, PRO is expanding its offering capabilities to the growing airline and travel booking industry.
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Quick Take
PROS (PRO) announced it has acquired Travelaer SAS for about $12 million.
Travelaer SAS has developed an online travel booking engine and a New Distribution Capability [NDC] platform for the airline industry.
With the deal, PRO is bolstering its selling optimization offerings to the rapidly growing travel industry.
