Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Concur Technologies Acquires GDSX, TRX

RELATED NEWS
Trade CNQR now with 
7/16/2013 10:48 AM ET

Concur Technologies Inc. (CNQR: Quote) announced it has acquired substantially all of the assets of GDSX, Ltd., a leader in Travel Management Company or TMC mid-office technology solutions.

Based in Dallas, GDSX provides cloud-based tools and services that enable mid-office automation, pre-trip authorization, trip disruption solutions and a centralized trip repository.

The terms of the transaction were not disclosed. Concur plans to provide updated guidance on July 31, 2013 when it reports financial results for the fiscal 2013 third quarter.

In a separate press release, Concur announced it acquired TRX Inc., a leader in travel data and Travel Management Company or "TMC" mid-office technology solutions. The terms of the acquisition were not disclosed.

Click here to receive FREE breaking news email alerts for Concur Technologies Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Chipmaker Advanced Micro Devices Inc. said Thursday after the markets closed that its first quarter loss narrowed from last year, helped by strong revenue growth in its graphics and visual solutions business. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue. After trending higher over the past few sessions, stocks showed a lack of direction throughout the trading day on Thursday. The major averages spent the session bouncing back and forth across the unchanged line before ending the day mixed. While the major averages closed on opposite sides of the unchanged line, they all showed only modest moves. U.S. Secretary Of State John Kerry said Thursday that he and his counterparts from Russia, Ukraine and the European Union have reached an agreement on a preliminary plan for ending the ongoing crisis in Ukraine. Kerry was speaking at the end of the Ukraine contact group's first meeting, comprising the foreign ministers of Russia, Ukraine, the EU and the U.S., in the Swiss city of Geneva.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.