GDS operator Travelport Worldwide has acquired MTT and will run it as a wholly owned subsidiary as part of its ongoing strategy to get into the mobile commerce sector, with a particular emphasis on the rapidly growing digital economy.
MTT’s current CEO, Gerry Samuels, and his senior team will remain in their existing positions to maintain the customer relationships that have been forged prior to the acquisition.
Based in Dublin, MTT provides an industry-leading mobile travel platform and product set that allows airlines, hotels, corporate travel management companies and travel agencies to engage with their customers through the use of individually tailored services like mobile apps, mobile web, and messaging.
Its clients include companies such as Singapore Airlines, easyJet, Saudia, BCD Travel, Capita Travel and Events, and the Latam Airlines Group.
“MTT will benefit from the network effect of Travelport in terms of infrastructure, our relationships with additional prospective clients and access to our industry leading content,” said Gordon Wilson, Travelport’s president and CEO, revealed in a press release announcing the acquisition.
MTT’s Samuels believes that the acquisition will enable MTT to accelerate and bring cutting-edge mobile innovations to its clients.
“MTT has experienced very significant growth as the market and demand for mobile travel has expanded and there is enormous potential to grow further. Now with the support of a global industry leader such as Travelport, we will be even better placed to capitalise and expand into the considerable opportunities we see ahead of us,” added Samuels.
