Travel tech provider Juniper Travel Technology has announced the acquisition of travel software company Lleego, that specialises in flight management and booking.
Lleego joins the portfolio of Juniper Travel Technology business units, which is part of the travel vertical of Juniper Group, and also has Vela Software and Constellation Software, Inc
With the support and expertise of Juniper, Lleego will be able to seize new market opportunities, expand its global presence as a provider of flight management and booking solutions.
This synergy will not only strengthen both companies but the company feels will consolidate Lleego’s position as a leader in travel technology.
Incorporation the new business will allow Juniper Travel Technology to expand the verticals that enhance its Juniper Booking Engine product, creating the new division of Juniper Flights by Lleego which will combine both to improve its flight technology that is a “comprehensive” platform for flight distribution aimed at travel agencies, tour operators, and other companies in the travel sector.
“We are very excited about the acquisition of Lleego, a company that shares our passion for innovation and technology,” said Juan Mateos, CEO of Juniper Travel Technology.
“The acquisition of Lleego and the launch of Juniper Flights by Lleego reflect our ongoing commitment to offering the best technological solutions to our clients.
“This new division is a significant step for us as it integrates Lleego’s best tools into our Juniper Booking Engine solution, optimizing flight distribution,” he added.
Jaime Sastre, CEO of Juniper Group, said: “The incorporation of Lleego into the portfolio of Juniper Travel Technology is a significant milestone for Juniper Group, strengthening our position in the global travel market.
“We are committed to continuing to invest and ensure that our business units keep investing in companies that, like Lleego, demonstrate clear growth potential and alignment with our values of excellence and quality.”
Aurelio Pérez, CEO & co-founder of Lleego, added: “We are very pleased to take this crucial step with Juniper Travel Technology.
“Joining forces with such an established brand in the market as Juniper is an opportunity to accelerate our growth and expansion. We are eager to begin this journey alongside Juan and his team.”