Hotel software provider, IDS Next, has announced the acquisition of India-based ShawMan Software, specialist provider of food & beverage, leisure, and wellness cloud solutions for the hospitality industry.
Through this acquisition, IDS Next will be able to accelerate the migration of hotels to full-stack enterprise cloud solutions designed for hospitality groups and chains. ShawMan’s software is highly complementary to IDS Next’s award-winning solutions that automate and streamline front and back-office hotel operations, the statement said.
Commenting on the merger, Binu Mathews, Chief Executive Officer of IDS Next said: “We are very excited to welcome the ShawMan team to IDS Next and look forward to embarking on this great next step in our hospitality technology journey together. With the many synergies in our solutions, combined expertise, and a shared vision for the industry, we can eliminate the need for hotels to work with multiple vendors and non-similar systems. With the addition of cloud-based Point of Sales (POS), table booking software, and spa, sales & catering, and club management, we will be able to further accelerate our growth and extend our offering in our cloud and hybrid models on Microsoft Azure.”
“We are thrilled with this merger,” said Jimmy Shaw, Managing Director of ShawMan Software. “The opportunities are endless, and we will now be able to offer our customers and partners enhanced and integrated solutions globally.”
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.