Update: Here is a post on LinkedIn from the founder and former CEO, Tine Thygesen, on the acquisition. The founder and former CTO, Christoffer Kaalund, has also shared his thoughts on the acquisition on LinkedIn. Here is the post from Christoffer Kaalund.
The software company Twentyfour (formerly HTML24) has on February 20th acquired ownership of the Danish app company, Triptale ApS. Triptale is an established player in digital mobile solutions for the travel, tourism and hospitality industry – and has been for more than 8 years. The company has over the years had large customers, such as Wonderful Copenhagen and Inside Lisbon. Also, Triptalee has won numerous awards and has been featured in Forbes, TechCrunch, and lots of other media outlets.
For more than 10 years, Twentyfour has been working on developing, automating, integrating, and maintaining digital solutions – with a primary focusing on web. The acquisition of Triptale enables Twentyfour to deliver an even more unique digital solution to its customers within the Triptale’s primary segments; the travel, tourism, and hospitality industry. Triptale will continue as an independent company, through which its existing customers and apps will continue to be serviced by Triptale.
However, Twentyfour wishes to utilize its existing network of customers and partners in order to offer advanced native apps for Android and iOS through its subsidiary, Triptale.
Triptale has, among other things, created the successful app for Destination Bornholm in close collaboration with Twentyfour. Over the past few years, Triptale and Twentyfour have worked closely together – and it is only natural that the collaboration will become even closer. Twentyfour continues its strong focus on web development and integration solutions and through Triptale, it will become possible for Twentyfour’s customers to purchase apps.
Picture: Rasmus Aagaard, Partner & CEO of Tweentyfour (to the left) and Bo Møller, Founder & Chariman of Twentyfour (to the right).
“The acquisition of Triptale is part of Twentyfour’s long-term strategy, where we focus on selecting fewer customer segments and more fixed operating and maintenance agreements, as this is where we can create more value for our customers. The acquisition of Triptale enables us to offer even better service to a wide range of customers, which we are already working with and who have already expressed a desire to develop native apps.” Said Bo Møller. founder and chariman of Twentyfour.
There are several reasons behind the acquisition of Triptale. Rasmus Aagaard, Partner and CEO of Twentyfour, elaborates “We have for a long time worked with Triptale, so we have seen that their apps work tremendously well and that the customers are happy. In addition, we would like to be able to offer apps to our customers ourselves, but without compromising our current focus.”
Both Twentyfour and the founder, and now former CEO and investor group behind, Triptale, are gretly satisfied with the purchase.
The picture: Tine Thygesen (to the left) and Christoffer Kaalund (to the right) founders and former CEOs of Triptale ApS.
Tine Thygesen, one of the founders of Triptale, elaborates, “I am delighted that the customers and software we have developed in Triptale have found a really good home at Twentyfour, and I am excited to see what they can do with the business in the future.”
Christoffer Kaalund, who is also one of the founders and former CTO of Triptale said, “We have had a long and exciting journey with Triptale. Triptale is today an established player in digital mobile solutions and we are sure that we have handed Triptale to the right company.”
Contact Bo Møller for more information at bm@html24.dk.
