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Technology Stocks : CNQR - Concur Technologies

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From: JakeStraw	4/18/2011 8:44:18 AM
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Concur Announces Strategic Investment and Alliance with Cleartrip finance.yahoo.com Marketing partnership and $40 million investment in India's leading online travel portal presents tremendous growth opportunity "India's economy is fueling a travel sector that is expected to grow to over $20 billion by 2012," said Steve Singh, Concur's chairman and chief executive officer. "Cleartrip has established itself as a leading online travel portal serving this market. As a global technology provider, we understand that it's critical to focus on the local needs of each market in which we operate. In partnership with Cleartrip, Concur plans to leverage the synergies of our combined technologies to help us expand our offerings, extend our reach, and make business travel easier for the millions of travelers in India."

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