Announced in August, the acquisition is part of GBT’s broader plan to develop a suite of integrated digital services for business travellers, bolstering its core technology platform.
GBT chief executive Doug Anderson said: "The acquisition of KDS is pivotal for GBT. We are focused on providing solutions that optimise the traveller experience within the managed travel environment. Our strategy is to develop and acquire the tools to deliver on that objective. KDS allows us to offer the first seamless end-to-end shopping and booking experience centered on today’s business traveller."
Dean Forbes, CEO of KDS, added: "The immediate focus will be on developing our solutions further as part of a global travel leader and continuing to work with all our partners and customers for the benefit of their business travel. It is something about which we have always been passionate, and we now have the reach to make it a reality for an even broader audience."
All KDS employees have officially joined the GBT family, bringing the total number of employees across the globe to 12,000. There is no expected change in the KDS management team and the company will continue to operate in its current office locations.
For more breaking news, case studies and in-depth features, sign up to C&IT Magazine's daily Newstracker here