Just two years ago Concur was itself taken over by giant German-based multinational enterprise and customer relations software group SAP. The Concur deal was worth a whopping $8.3bn and part of SAP’s drive to increase its cloud presence. This is a strategy that seems to be working, with SAP’s cloud subscription and support revenues rising by 30% to around $805m in Q2 this year, and its new cloud bookings growing by 28% As part of SAP, Concur no longer spells out its accounts or just how it has settled in, but this is its first acquisition as part of the German group. Back in its days of independence Concur grew by acquiring trip-planning app TripIt, developing expense reporting app ExpenseIt and investing in Indian OTA ClearTrip. Concur holds these up as evidence that it will make the Hipmunk merger work, saying it has a “long-held strategy of partnering with, investing in, acquiring or building consumer apps”. Concur is getting additional travel products for its portfolio, combining Hipmunk’s multi-flight and hotel search with its own tools for managing business expenses and travel.Hipmunk has been at the forefront of innovation in creating a website and mobile app to sort travel results not just by price, but other key factors vital for business travellers: duration, stops and hotel location. Get the full story at EyeForTravel