Yanolja acquires Innsoft for $8.3 million

Yanolja Cloud, the tech affiliate of South Korean booking platform Yanolja, has finalized a deal to acquire Oregon-based hotel software provider Innsoft for $8.3 million in a bid to expand its hospitality solutions services in North America, according to the company. 

Yanolja Cloud plans to launch a new line up of hospitality management solutions targeting the North American market, as well as a new self check-in kiosk within this year with Innsoft by using Innsoft’s existing infrastructure and network.