PROS (company)

PROS Holdings, Inc. (NYSE: PRO) is a company that provides price optimization, sales effectiveness, and revenue management SaaS software as well as software for travel management for the airline industry. PROS is headquartered in Houston, Texas with offices in Skokie, Illinois, London, UK, Toulouse and Paris, France, Frankfurt, Germany, Sydney, Australia[2] , and Sofia, Bulgaria.

PROS Holdings, Inc.
TypePublic
NYSE: PRO
Russell 2000 Index component
IndustryEnterprise software
Headquarters
Houston, Texas, U.S.
ProductsPricing science
Configure, price and quote
Revenue management
RevenueIncrease US$250.3 million (2019)
US$−53.3 million (2019)
US$−69.1 million (2019)
Total assetsIncrease US$513.3 million (2019)
Websitepros.com
Footnotes / references
[1]

History

In June 2007, PROS became a public company via an initial public offering.[3]

In December 2013, PROS acquired SignalDemand, which offers supply aware price and optimization software, for $13.5 million.[4]

In October 2014, PROS acquired Cameleon Software, a provider of Configure, Price, Quote (CPQ) tools, for $33 million.[5][6]

In 2017, PROS acquired Vayant Travel Technologies, a privately held airfare search company based in Sofia, Bulgaria, for $35 million.[7][8]

In 2019, PROS acquired French travel tech firm Travelaer SAS for $12 million.[9]

In 2021, PROS acquired Miami-based fare-marketing company EveryMundo for $90 million.[10]

References
  1. "PROS Holdings Inc. 2020 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. "Google Finance".
  3. "PROS Holdings raises $75.1 million in IPO". Reuters. June 27, 2007.
  4. "PROS Announces Acquisition of SignalDemand" (Press release). Business Wire. December 16, 2013.
  5. "PROS Completes Acquisition of Cameleon Software" (Press release). Business Wire. October 27, 2014.
  6. Ryan, Molly (October 24, 2013). "Major Houston software company makes big acquisition". American City Business Journals.
  7. "PROS Acquires Vayant Travel Technologies; Expands Modern Commerce Solutions for Travel Industry" (Press release). Business Wire. August 3, 2017.
  8. McDonald, Michele (August 3, 2017). "Vayant Travel Technologies acquired by PROS, a US revenue management company". Phocuswire.
  9. Mathews, Chris (August 26, 2019). "Houston co. acquires French travel tech firm in $12M deal". American City Business Journals.
  10. Mathews, Chris (November 30, 2021). "Pros acquires Miami fare marketing co. EveryMundo in $90M deal". American City Business Journals.
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