American Express Global Business Travel has announced it has signed an agreement to acquire KDS, a global provider of integrated travel technology.
Headquartered in France, KDS has operations in the United Kingdom, Germany and the United States.
The acquisition of KDS is part of a broader investment strategy by GBT 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.
“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”, said Philippe Chereque, GBT chief commercial and technology officer.
“This will also enable us to provide GBT customers with a proprietary door-to-door online booking tool supported by our new technology infrastructure.”
KDS’ leading product is Neo.