Austrian company Seekda is acquired by Valsoft

Austrian company Seekda has been acquired by Valsoft Corp, a Canadian company. Seekda, which delivers booking technology to hospitality businesses, was sold by Kognitiv for an undisclosed amount of money.

• Founded in 2007 in Austria, Seekda gained market leadership in the alpine region with convincing products. The company provides a full-featured toolbox that supports hoteliers in achieving their distribution goals. According to the company, tore than 40% of hotels and vacation rentals in Austria have used Seekda.

“We are very proud of the success of our Seekda business, and are confident that Valsoft is the right home to drive future growth for the Seekda team and customers. This transaction highlights Kognitiv’s continued focus and commitment to our loyalty platform and allows us to accelerate the delivery of innovative AI-native applications that drive profitable revenue growth, and customer lifetime value for our global brand customers,”

Tim Sullivan, Kognitiv’s CEO, says.

• Valsoft is a Canada-based company specialized in the acquisition, management, and growth of vertical market software companies. The company is committed to drive innovation, growth, and success across its diverse portfolio of over 70 companies operating in various industries.
• With the acquisition, Seekda is well-positioned for continued growth and evolution as part of Valsoft’s portfolio of software companies.