The terms of the transaction were undisclosed
Bellevue, Wash—Concur, an integrated travel and expense management company, has acquired substantially all of the assets of GDSX, Ltd., a travel management company specializing in mid-office technology solutions.
Based in Dallas, GDSX provides cloud-based tools and services that enable mid-office automation, pre-trip authorization, trip disruption solutions and a centralized trip repository. Their clients use GDSX solutions including COMPLEAT, CETAS and TripLink to reduce costs, increase revenue, simplify chaos, and empower innovation within their organizations.
The terms of the transaction were not disclosed. Concur plans to provide an update on July 31 when it reports financial results for the fiscal 2013 third quarter and conducts its regularly scheduled conference call.