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    Monday, January 23, 2006

    Concur Buys Outtask For As Much As $124M


    Redmond-based Concur Technologies, a provider of expense management and business services, announced today that it has acquired Outtask, a online corporate travel management service. The deal is worth approximately $24M to $36M in cash and $67 to $88M in stock. Concur said that it will use the acquisition to strengthen its market leadership, and that it would integrate travel management into its on-demand services.
    posted on Monday, January 23, 2006


    Related companies:
    Concur

    Related stories:
    > Concur Names COO Singh to Board
    > Concur Acquires H-G Holdings
    > Concur Hires Travel Management Head
    > Concur Launches Partner Program
    > AMEX Pays $251M for 13 Percent Stake in Concur
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