Booking Holdings announces it has signed an agreement to acquire FareHarbor

163

Booking Holdings Inc. announced that it has entered into an agreement to acquire local activities and experiences booking software provider, FareHarbor. Founded in Hawaii in 2013 and now headquartered in Denver, FareHarbor's technology allows tour and activity operators to connect with customers online through software that facilitates an easy, seamless booking experience. FareHarbor's senior management team will report into the Booking.com leadership team.

FareHarbor will operate as an independent business within the company. The acquisition has been approved by FareHarbor's board of directors and stockholders and is expected to close in the coming weeks, subject to satisfaction of closing conditions.