March 11, 2013 at 12:24 PM
Concur buys London-based messaging company
Concur’s adding new messaging and communication capabilities to its travel management platform with the acquisition of London-based conTgo.
Redmond-based Concur announced the deal today but declined to provide financial details. It didn’t have much affect on Concur’s stock, which is down 31 cents, or 0.43 percent, to $71.09 at last check.
Concur plans to use conTgo’s tools to add new features to coordinate, track and manage travel planning. They include delivering offers to travelers based on their location and intinerary data, and delivering offers from airport merchants if flights are delayed. New features will also help travelers plan trips using colleagues’ location and hotel data, so they can stay in the same hotel and city.
All 23 of conTgo employees and most of its contractors will be retained in their home offices, a spokesman said. ConTgo is based in London and Sydney.
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