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NAIROBI, Kenya, Nov 2 - While working in Lagos, Nigeria, Håvar Bauck often visited his friend Endre Opdal in Kenya to discuss business ideas and Kenya breaking news | Kenya news today |
The full terms of the deal were not disclosed but Eric Muliro, who founded HotelPlus in Kenya 13 years ago is getting a payout and $1.9 million in shares in HotelOnline, which was valued at $24 million pre-acquisition.
HotelOnline, which is based in Kenya and has more than 6,000 hotel clients for its software, has acquired HotelPlus, a provider of hotel software to 2,200