FINANCIAL RESULTS / TRAFFIC RESULTS/ M&A

IBS Software Acquires APS® for $90 Million as It Targets Major Growth in Hospitality Sector

IBS Software, a leading SaaS solutions provider to the travel industry globally, has reached an agreement to acquire the ground-breaking hotel and travel technology provider Above Property Services (APS®). The $90 million transaction will further solidify IBS Software's position in the hospitality market and strengthen the brand, to underpin an…