RateGain Completes Acquisition of Sojern
RateGain completes acquisition of Sojern, combining expertise in travel technology to create an AI-powered growth platform serving 13,000 customers globally.
The acquisition significantly expands RateGain's capabilities and market reach, positioning it among the top global travel technology providers.
The announcement highlights the completion of a strategic acquisition that is expected to drive growth and create synergies between the two companies.
* RateGain has completed the acquisition of Sojern. * The acquisition combines RateGain’s expertise in Martech, revenue optimization and distribution with Sojern’s demand generation and traveler engagement capabilities. * The combined entity will serve 13,000 customers across the Americas, Europe, Middle East and Africa, and Asia Pacific. * The companies will enable travel and hospitality brands to connect marketing, distribution, and revenue decisions through an AI-driven platform. * Bhanu Chopra, Founder and Chairman of RateGain, stated that the acquisition marks a major milestone in RateGain’s evolution and enhances their ability to provide an end-to-end platform. * Mark Rabe, CEO of Sojern, mentioned that joining RateGain provides Sojern the opportunity to expand into new markets and enriches their global product portfolio.
What to do with a filing like this
Rategain Travel Technologies Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Rategain Travel Technologies Limited. Read the original for the full detail.