And, the company has been showing results with the model. In the past quarter, the company added 16 new corporate customers. GetThere has also been aggressive with acquisitions. The acquisition will allow for meeting management features. After all, meetings are one of the most complex expenses to track and manage.
Travel is a huge expense for corporations.
Accordingly, it is no surprise that companies are looking for cost-effective solutions. GetThere is leading the way in this marketplace. Yet, the stock price has been languishing. But the fact remains that the company has a big market opportunity and the right mix of customers and technology to eventually provide long-term value to shareholders.