TRX in asset sale, sells booking tool to nuTravel for $3.5M

RESX

TRX sold its signature RESX corporate booking tool for up to $3.5 million to a competitor, nuTravel Technology Solutions.

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Tnooz Nuggets – Monday 22 August 2011

In this edition: Travelzoo management changes, Orbitz faves, Concur mobile, ARC and the AeroTrend, and TRX boosts Traveltrax.

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Hotelicopter wins new funding round to push distribution platform

hotelicopter

More money in the coffers for hotel search and booking platform Hotelicopter after securing a further $1.5 million in funding, bringing its total so far to $5 million.

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In TRX deal, hotelicopter targets business travel market with Ratrix reporting tool

hotelicopter

TRX signed a deal with hotel metasearch engine hotelicopter to integrate hotel rates and availability from online travel agency and hotel websites into the TRX corporate booking tool, RESX.

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TRX goes modular and offers travel software components

trx

Data-services provider TRX began offering clients standalone components of its flagship offerings in Software as a Service mode.

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TRX upgrades corporate booking tool with TripIt, Facebook prompts

resx

If their companies let them, business travelers using the latest version of TRX’s corporate-booking tool, RESX, can book their trips and then share them on TripIt and Facebook.

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TRX records modest profit, increases guidance

trx

TRX, the transaction-processing and data-reporting company, eked out a modest profit in the first quarter and increased its earnings guidance.

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Clean deal — OAG to resell TRX carbon calculator

plane

OAG, the airline-schedule disseminator, agreed to resell the TRX carbon calculator to corporations, airlines and airports.

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TRX be nimble, TRX be quick

resx

TRX, the data-reporting and reservations’ processing firm, says it’s come up with a way to go to market with more frequent releases of its RESX corporate-booking tool.

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With Expedia pulling back, TRX delists from small cap market

trx

TRX won’t try to regain compliance with the NASDAQ Capital Market’s $2.5 million stockholder equity requirement, so it will voluntarily delist.

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