• Concur buys London-based GlobalExpense for up to £14 million

    Concur, a provider of integrated travel and expense management solutions and recent purchaser of TripIt, has acquired London-based GlobalExpense, a company that specializes in Web-based end-to-end expense management solutions. Concur has agreed to cough up £12 million for the acquisition of the privately held company, plus a performance-based earn-out of up to £2 million. Read More

  • Concur Partners With, Invests $40 Million In India's Online Travel Site Cleartrip

    Concur, a publicly listed provider of travel and expense management solutions, is teaming up with Cleartrip, one of India’s leading online travel portals. The deal encompasses both a strategic marketing partnership and a $40 million investment for a minority stake in the online travel company. Concur recently acquired travel organization and sharing service TripIt for up to $120 million. Read More

  • TripIt Bags An ExIt – Acquired By Concur For Up To $120 Million

    TripIt Bags An ExIt – Acquired By Concur For Up To $120 Million

    Concur, a publicly-listed provider of integrated travel and expense management solutions, this morning announced it has agreed to acquire TripIt, which helps travelers easily organize and share travel plans. Concur is initially paying approximately $82 million in upfront cash, stock and unvested restricted stock units – additional consideration over time could bring the total value to… Read More

  • Expensify's Free Expense Report System Takes The Hassle Out of Reimbursements

    Expensify, the startup that took second place at TC50’s demo pit last year, has launched the public beta version of its business expense tracking and reimbursement system. Expensify has created a bigger and better version of its system, which we reviewed last fall. Expensify still offers the “electronic payment card,” which is essentially an Expensify-branded MasterCard that… Read More