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.
- Looking for more stock ideas like this one? Get them exclusively at IPO Edge. Get started today ยป
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.
