TRX focuses on corporate travel data reporting

TRX, Inc. has completed the acquisition of Hi-Mark Software, an Atlanta-based data acquisition and business intelligence company.

Published: 11 Jan 2007

TRX, Inc. has completed the acquisition of Hi-Mark Software, an Atlanta-based data acquisition and business intelligence company.

TRX, an independent provider of transaction processing and data integration solutions to the global travel industry, shared that it is building on its data integration competency and aggressively pursuing opportunities in corporate travel data reporting.

Trip Davis, president and chief executive officer, TRX said: “Travel managers and procurement professionals need easier access to, and a better understanding of, their global travel data to drive savings. We know they struggle with fragmented data, low quality data, and significant cost pressures related to travel spend. TRX is committed to delivering corporations, travel agencies, travel suppliers, issuing banks, and card associations, innovative reporting tools and dashboards at affordable costs of entry so corporate travel managers can drive more effective travel program decisions and maintain tighter control over their travel budgets.”

Since early December, TRX and Hi-Mark have been preparing for the rapid integration of their personnel, operations, and technologies.

Over the coming month, the Hi-Mark team will relocate from Alpharetta to the TRX headquarters location in Atlanta, Georgia. TRX will begin work on a joint technology roadmap immediately, which it plans to distribute to clients by 31 March 2007.

Related Reads

comments powered by Disqus