Mall of America
http://admin.travelmole.com/images/stories/2009/images/Screen Shot 2019-06-18 at 17_19_19.png

Published on Tuesday, June 18, 2019

Wings Travel Management acquires Cypriot software developer




Wings Travel Management has acquired Alchimea, a specialist software developer.

Established in 1999 and based in Limassol, Cyprus, Alchimea specialises in workflow integration, process automation, application design and management relating to global mobility, business travel and related support services.

Wings said this 'strategic acquisition' will 'significantly strengthen' its technology offering to its clients globally.

The two share a long history having worked together on various technology projects including the development of Wings' innovative mid office system TMA (Travel Management Application).

Alchimea will continue to operate autonomously and serve its own customers, whilst supporting Wings' technology and digital strategy as well as many shared clients.

Tony Sofianos, CEO Wings Travel Management, said: "One of our primary strategic goals in 2019 is to increase our technology footprint particularly in the areas of digital transformation, data analytics and machine learning.

"The landscape in the global mobility space, particularly within travel management companies, is going through incredible change in terms of distribution and procurement. In order to remain competitive and differentiate the service we provide to our customers, we need to focus on enhancing and innovating Wings' digital capabilities.

"The acquisition of Alchimea gives us the resources, scale and innovation hub to provide technology solutions to our clients and develop applications to meet their specific procurement, global mobility and business travel needs."

Story Image



Your Comments

, be the first to post a comment.
Your email:






Email other comments made to this story


NOTE: Comments are subject to admin approval before being posted.
Mole Poll
'Ryanair UK pilots offer to call of strike' - Who is your sympathy with ?
Pilots 50.9 %
Ryan Air 49.1 %

Thank you for your vote


LATEST MOLES' PODCAST

Mayflower 400 ... the big event for the
UK 2019/20... experts talk about how to sell it

TravelMole talks to Missing People Charity

Tom Garzilli CMO [email protected]
talks to Graham McKenzie about
Travel Week in London and future plans

Designate talks Brexit,
HumanKind and Brighton



Move scroll bar (above) left to right for more videos!

UPCOMING EVENTS
\m