Global car rental giant 188bet online casino games Holdings will acquire business travel provider Deem。In recent years，Deem has shifted from technology solutions to ground transportation service provider。The transaction is expected to be completed in the first quarter of 2019，But the transaction amount has not been disclosed。

The two companies have cooperated since 2011，Deem joins 188bet online casino games to provide car rental booking services for small and medium-sized enterprises。2016，188bet online casino games acquired a minority stake in Deem。After the acquisition is completed，Deem will operate as usual，There will be no major changes in personnel and strategy。

As a global car rental company，188bet online casino games owns 188bet online casino games Rent-A-Car，National Car Rental and Alamo Rent A Car and other brands。

Deem was formerly known as e-commerce solution provider Reardon Commerce，Also an outlier in the business travel market。According to Crunchbase data，Since its establishment in 1999，Deem’s total financing amount reaches 5.US.1 billion，Its most recent round was US million in financing led by PointGuard Ventures in 2016。Currently，Deem claims to have more than 50,000 188bet online casino games customers。

In the past few years，188bet online casino games has seen many dramatic changes。Founder Patrick Grady stepped down in 2016，The company then began selling some of its technology，Focus more on ground transportation solutions，Instead of overall travel management。

In addition，Rumors spread that internal conflicts and a lack of innovation were causing the company to stagnate。Although it has nearly twenty years of technology development experience，The company also has various remaining divisions that have been closed or sold，such as financial services software，This is the result of technology development in the past 20 years。Currently，The company’s new focus is on selling solutions to existing customers，Integrate travel management services used by customers，Instead of just selling customers to the 188bet online casino games platform。

188bet online casino games CEO John Rizzo once said，“We sold our automotive service technology backend office，Because we believe that the greatest value we can bring to the industry is not in the number of rental cars，But as a travel platform，We can meet more needs of operators。“

From an 188bet online casino games perspective，This acquisition is very meaningful。As car rental companies continue to explore future mobility solutions，The ability to drive corporate customer demand in shared mobility and other areas becomes critical。Through close cooperation with enterprises，188bet online casino games can continue to maintain strong growth。

188bet online casino games executive vice president and chief strategy officer Greg Stubblefield said in a statement，“The combination of Deem’s intellectual property and technical talent provides 188bet online casino games Holdings with significant opportunities to further enhance and expand its service portfolio。”

*This article is compiled from Skift, original title: "188bet online casino games Expands in Corporate Travel With Deem Acquisition》.