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September 13, 2016 09:07 pm GMT
Some interesting consolidation afoot in the travel industry: Concur, the travel and expense platform that was acquired by SAP in 2014 for $8.3 billion, is today making its own acquisition: it is buying Hipmunk, the travel search startup. The companies are not disclosing the terms of the deal but we are trying to find out. Hipmunk had raised around $55 million since being founded in 2010, but… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/HThqBC5jlQE/
Concur buys Hipmunk to add search to its travel and expense management platform
Some interesting consolidation afoot in the travel industry: Concur, the travel and expense platform that was acquired by SAP in 2014 for $8.3 billion, is today making its own acquisition: it is buying Hipmunk, the travel search startup. The companies are not disclosing the terms of the deal but we are trying to find out. Hipmunk had raised around $55 million since being founded in 2010, but… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/HThqBC5jlQE/
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