PROS Holdings, Inc. () is a company that provides price optimization,

sales effectiveness Sales effectiveness refers to the ability of a company's sales professionals to “win” at each stage of the customer's buying process, and ultimately earn the business on the right terms and in the right timeframe. Improving sales effectiveness ...

, and revenue management

SaaS Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike oth ...

software as well as software for travel management for the airline industry. PROS is headquartered in

Houston Houston ( ) is the List of cities in Texas by population, most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the county seat, seat of ...

Texas Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...

with offices in Skokie,

Illinois Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. It borders on Lake Michigan to its northeast, the Mississippi River to its west, and the Wabash River, Wabash and Ohio River, Ohio rivers to its ...

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

, UK,

Toulouse Toulouse (, ; ; ) is a city in southern France, the Prefectures in France, prefecture of the Haute-Garonne department and of the Occitania (administrative region), Occitania region. The city is on the banks of the Garonne, River Garonne, from ...

Nice Nice ( ; ) is a city in and the prefecture of the Alpes-Maritimes department in France. The Nice agglomeration extends far beyond the administrative city limits, with a population of nearly one million Sophia Antipolis Sophia Antipolis is a 2,400 hectare technology park in southeast France, and as of 2021 home to 2,500 companies, valued today at more than 5.6 billion euros and employing more than 38,000 people counting more than 80 nationalities. The park is ...

) and

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, and

Sofia Sofia is the Capital city, capital and List of cities and towns in Bulgaria, largest city of Bulgaria. It is situated in the Sofia Valley at the foot of the Vitosha mountain, in the western part of the country. The city is built west of the Is ...

Bulgaria Bulgaria, officially the Republic of Bulgaria, is a country in Southeast Europe. It is situated on the eastern portion of the Balkans directly south of the Danube river and west of the Black Sea. Bulgaria is bordered by Greece and Turkey t ...

History

In June 2007, PROS became a

public company A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) co ...

via an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

. In December 2013, PROS acquired SignalDemand, which offers supply aware price and optimization software, for $13.5 million. In October 2014, PROS acquired Cameleon Software, a provider of Configure, Price, Quote (CPQ) tools, for $33 million. In 2017, PROS acquired Vayant Travel Technologies, a privately held airfare search company based in

Sofia, Bulgaria Sofia is the Capital city, capital and List of cities and towns in Bulgaria, largest city of Bulgaria. It is situated in the Sofia Valley at the foot of the Vitosha mountain, in the western part of the country. The city is built west of the Is ...

, for $35 million. In 2019, PROS acquired French travel tech firm Travelaer SAS for $12 million. In 2021, PROS acquired Miami-based fare-marketing company EveryMundo for $90 million.

References

{{Authority control Software companies based in Texas Companies based in Houston Companies listed on the New York Stock Exchange Companies established in 1985 1985 establishments in Texas Financial software companies Software companies of the United States