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Travel technologies developer Traveltek announced that it has been acquired by the Juniper Group.
The Juniper Group is part of Vela Software and Constellation Software, Inc., a publicly traded Canadian company.
Joining Juniper Group, Traveltek will leverage Juniper’s expansive global network and industry-leading product portfolio, further enhancing the company’s unique value for customers and partners.
The acquisition will also strengthen Juniper Group’s market presence in the UK, North America, and Australia, where it can augment Traveltek’s award-winning Dynamic Packaging and Cruise solutions, which have held market leading positions for over 20 years.
Traveltek chief executive Mal Barritt commented: “We are absolutely thrilled to become part of Juniper Group, and the wider Vela Software and Constellation Software family. Leading Traveltek into this new chapter is a proud milestone. This offers our customers unparalleled access to a broader array of resources and industry-leading products. Importantly, it also provides an exciting and sustainable home for Traveltek, where our team will have new growth and development opportunities.”
Likewise, Juniper group CEO and Juniper Travel Technology founder Jaime Sastre remarked: “We are extremely excited to welcome Traveltek to Juniper Group. The Company’s talented management team and high-performance technology stack are a fantastic addition to our portfolio of travel software companies. Together, we can deliver more comprehensive solutions and meet the full range of technology needs for our customers and partners.”
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