Announced
Financials
Tags
Software
Natural
Pending
Private
Single Bidder
United States
application software
Acquisition
Synopsis
Best Western Hotels & Resorts, a company that owns and operates a chain of hotels, agreed to acquire AutoClerk, developer of hotels management software. Financial terms were not disclosed. According to David Kong, Best Western President & CEO, the acquisition is part of a longer-term plan that will perhaps allow an evolution to a single database shared between the central reservation and the property management systems. “With the PMS, we’ve completed that entire value chain of Best Western owning the two-way connectivity between enterprise systems,” Greg Adams, Best Western Chief Digital Officer.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.