US revenue management company PROS buys B2B air fare search platform Vayant
PROS said Vayant’s SaaS shopping, pricing and merchandising technology complement its dynamic pricing and AI revenue management solutions. This is an all-cash transaction of $35 million.
Vayant, based in Sofia, Bulgaria, was founded in 2007, funded by a group of private investors and venture capital firms including Neveq and Cape Capital.
PROS said Vayant’s SaaS shopping, pricing and merchandising technology complement its own “modern e-commerce techniques,” including dynamic pricing and revenue management solutions that deploy artificial intelligence.
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