Serko Ltd. (SERKF) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Serko Ltd. is set to enhance its North American footprint by acquiring Sabre’s business travel management solution, GetThere, for $12 million, aiming to become the second-largest online booking tool provider in the region. This strategic move, part of a broader partnership with Sabre, will see both companies co-investing in new travel technology capabilities, positioning Serko for significant growth in the $400 billion North American managed travel market. Additionally, Serko plans to accelerate investment in its products and technology to drive innovation and value for partners and customers.
For further insights into SERKF stock, check out TipRanks’ Stock Analysis page.
