Concur Invests $5M in Yapta

7/20/11Follow @curtwoodward

Seattle-based Yapta, an online airfare and hotel rate tracking service, has a new partner: Concur (NASDAQ:CNQR), the online expense and travel management service for businesses, is making a $5 million strategic investment. The deal includes Concur using Yapta’s price tools for its TripIt Pro service, which helps business travelers manage their itineraries. Concur bought TripIt earlier this year for up to $120 million. Concur has made several other deals this year with an eye to expanding its travel footprint.

Curt Woodward is a senior editor for Xconomy based in Boston. Email: cwoodward@xconomy.com Follow @curtwoodward

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