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FLYR Labs completed the acquisition of Faredirect

Synopsis

FLYR Labs, a technology company, completed the acquisition of Faredirect, a SaaS B2B company helping the travel industry increase revenue. Financial terms were not disclosed. "Airlines deserve a comprehensive software solution to help maximize their commercial performance across all their products and across all market conditions. The acquisition of Faredirect and xCheck expands our suite of revenue management solutions and brings us further industry experience to help customers optimize for total revenue across their products," Alex Mans, FLYR Labs CEO and Founder.

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