Username: Save?
Password:
Home Forum Links Search Login Register*
    News: Keep The TechnoWorldInc.com Community Clean: Read Guidelines Here.
Recent Updates
[April 24, 2024, 11:48:22 AM]

[April 24, 2024, 11:48:22 AM]

[April 24, 2024, 11:48:22 AM]

[April 24, 2024, 11:48:22 AM]

[April 03, 2024, 06:11:00 PM]

[April 03, 2024, 06:11:00 PM]

[April 03, 2024, 06:11:00 PM]

[April 03, 2024, 06:11:00 PM]

[March 06, 2024, 02:45:27 PM]

[March 06, 2024, 02:45:27 PM]

[March 06, 2024, 02:45:27 PM]

[March 06, 2024, 02:45:27 PM]

[February 14, 2024, 02:00:39 PM]
Subscriptions
Get Latest Tech Updates For Free!
Resources
   Travelikers
   Funistan
   PrettyGalz
   Techlap
   FreeThemes
   Videsta
   Glamistan
   BachatMela
   GlamGalz
   Techzug
   Vidsage
   Funzug
   WorldHostInc
   Funfani
   FilmyMama
   Uploaded.Tech
   MegaPixelShop
   Netens
   Funotic
   FreeJobsInc
   FilesPark
Participate in the fastest growing Technical Encyclopedia! This website is 100% Free. Please register or login using the login box above if you have already registered. You will need to be logged in to reply, make new topics and to access all the areas. Registration is free! Click Here To Register.
+ Techno World Inc - The Best Technical Encyclopedia Online! » Forum » THE TECHNO CLUB [ TECHNOWORLDINC.COM ] » Techno News
 Concur Acquires Etap-On-Line
Pages: [1]   Go Down
  Print  
Author Topic: Concur Acquires Etap-On-Line  (Read 570 times)
RealWire
TWI Hero
**********



Karma: 0
Offline Offline

Posts: 18530


View Profile Email
Concur Acquires Etap-On-Line
« Posted: August 03, 2009, 06:04:32 PM »


Acquisition of leading European travel and expense management provider continues Concur’s commitment to global and local market leadership

Paris, France, August 3rd, 2009 - Concur (NASDAQ: CNQR), the world’s leading provider of on-demand Employee Spend Management services, today announced that it has acquired privately-held Etap-On-Line, a leading European provider of business travel and expense management solutions based in Paris, France. Concur expects the acquisition, which closed on August 1st, 2009, to be accretive to fiscal 2010 pro forma earnings.

“Concur’s continued global growth is fueled by market demand for services that help our clients drive costs out of their businesses,” said Steve Singh, chairman and CEO of Concur. “This acquisition is one more step in Concur’s ongoing commitment to providing both global and local leadership to the travel and expense industry. By extending Concur’s investment and presence in Europe, we expect to build on our success, driving the innovation curve and expanding our market reach to deliver enhanced value for all of our customers. We look forward to serving the Etap-On-Line customers and we enthusiastically look forward to welcoming our new colleagues from the Etap-On-Line team to Concur.”

“The combination of two strong organisations with deeply similar values and approaches makes enormous strategic sense, and will create enhanced opportunities for customers, partners and employees,” said Pierre Higelin, co-founder of Etap-On-Line. “For Etap-On-Line, this combination represents the next step in the company’s continued commitment to helping clients better manage travel and expense.”

Concur will discuss the acquisition of Etap-On-Line on its fiscal 2009 third quarter earnings call which will take place on Wednesday, August 5th, 2009 beginning at 2:00 p.m. (PST). Concur will open the event to the media and general public by broadcasting the call live over the Internet at www.concur.com.

Logged

Pages: [1]   Go Up
  Print  
 
Jump to:  

Copyright © 2006-2023 TechnoWorldInc.com. All Rights Reserved. Privacy Policy | Disclaimer
Page created in 0.23 seconds with 24 queries.