Skift Take

Constellation Software is clearly on an acquisition mission. Peakwork was the latest in its goal to claim a bigger hold on the travel industry.

Peakwork, a software company that develops distribution systems for travel companies, said Friday that it has been acquired by Constellation Software.

Founded in 2009, Germany-based Peakwork develops distribution systems used by airlines, tour operators, and online travel agencies. Its product allows travel suppliers to access those services for sale to customers. 

Toronto-based Constellation is a publicly listed global conglomerate of software businesses in a variety of industries. 

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