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Odessa American | January 24, 2020
WEX , a leading financial technology service provider, today announced that it has entered into a definitive agreement to purchase eNett, a leading provider of B2B payments solutions to the travel industry and Optal, a company that specializes in optimizing B2B transactions, for a total consideration of approximately $1.7 billion, including approximately $1.275 billion in cash and approximately 2 million shares of WEX common stock paid to the sellers. WEX is acquiring eNett from Travelport and i...
Travel Technology
Amadeus | March 01, 2021
Amadeus and Microsoft today report a worldwide key association that will tackle cloud innovation to improve and investigate new items and arrangements and make smoother travel encounters later on. The organization will consolidate Microsoft trusted, secure cloud stages and industry-driving joint effort and endeavor advancements with Amadeus' demonstrated skill and development in movement innovation. Groups from both Microsoft and Amadeus will team up to empower ...
Business Travel
globenewswire | August 17, 2023
Mondee Holdings, Inc. the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms in the leisure and corporate travel sectors, today announced the acquisition of Skypass Travel, Inc. (“Skypass”), a global full-service retail and wholesale provider of corporate, leisure, and humanitarian travel, based in the Dallas, Texas area. The acquisition of Skypass supports Mondee's ongoing expansion and diversification endea...
Huawei | August 26, 2021
As part of its move away from hardware, Huawei is scaling up its cloud services and startup support in Asia Pacific and, while travel and hospitality is not top of mind yet, its move into this vertical seems inevitable with the expansion of its headquarters in Singapore and a recent first move in the Middle East. Huawei, facing pressure in Western markets and a slowdown in consumer business amid U.S. sanctions, has been steadily moving its focus away from manufacturing to become a...
Hospitality Management
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