American Express Global Business Travel is to take over integrated travel technology firm KDS.
The acquisition, for an undisclosed sum, is part of a broader investment strategy “to develop an industry-leading suite of traveller-centric online and digital services, sitting on top of the company’s core technology platform for business travellers”.
Based in France, KDS has operations in the UK, US and Germany.
Amex GBT chief commercial and technology officer, Philippe Chereque, said: “We are bringing together an industry-leading online solution and travel management company to create the first seamless end-to-end experience centred on the modern business traveller.
“This will also enable us to provide GBT customers with a proprietary door-to-door online booking tool supported by our new technology infrastructure.
“As a part of GBT, KDS will have access to a strong brand, significant resources, broad geographic reach and a large global customer base.
“This will open up new possibilities for both businesses, and allow us to provide KDS’ innovation to more companies than ever before.
“Together, GBT and KDS can provide more powerful, user-friendly and seamless end-to-end solutions to more customers, mastering the online and offline experiences in one package.”
Amex GBT stressed that will continue to work with and support other online booking tools across the world.
KDS chief executive, Dean Forbes, said: “KDS is a leading integrated travel technology provider with a deserved reputation for innovation and an entrepreneurial DNA.
“We have the best team challenging the status quo and creating game-changing technology. Our focus is on driving adoption to deliver savings, productivity gains and spend control for businesses of all sizes.
“We look forward to leveraging the support and assets that GBT will provide us to better serve GBT customers, whilst also continuing to serve our existing customers and partners with great products and services.”