Serko Ltd. (SERKF) has released an update.
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Serko Ltd. is set to enhance its North American footprint by acquiring Sabre’s business travel management solution, GetThere, for $12 million, aiming to become the second-largest online booking tool provider in the region. This strategic move, part of a broader partnership with Sabre, will see both companies co-investing in new travel technology capabilities, positioning Serko for significant growth in the $400 billion North American managed travel market. Additionally, Serko plans to accelerate investment in its products and technology to drive innovation and value for partners and customers.
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