Splitty Acquires Assets of Cancelon
August 10, 2020
Splitty, the Tel Aviv-based hotel booking platform, has acquired the assets of rival online travel company Cancelon to accelerate global growth and combine Splitty’s machine-learning mixed-rates technology with Cancelon’s marketing reach and customer base. The asset purchase is intended to expand Splitty’s distribution, marketing capabilities and accelerate international expansion of its OTA offering.
- Buyers
- Splitty
- Targets
- Cancelon
- Sellers
- Cancelon
- Industry
- E-Commerce
- Location
- Israel
- Transaction Type
- Buyout
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