"The move represents what Pangea called the "first step" in a multi-year plan to consolidate the fragmented travel technology sector under one artificial intelligence-driven platform. "We've built a platform to ensure people are always in the right place, at the right time, with the right people, sharing amazing experiences, together. The 'why' behind travel, instead of the 'how'," said Matt Gray, Pangea's founder and CEO. "Overlap has shared this vision since its inceptio"
"Pangea, a travel technology platform aimed at digital nomads, announced its first acquisition Monday with the purchase of Overlap, a social app that lets frequent travelers see when and where their paths cross. Terms weren't disclosed. The move represents what Pangea called the "first step" in a multi-year plan to consolidate the fragmented travel technology sector under one artificial intelligence-driven platform."
Pangea acquired Overlap in its first corporate acquisition, with terms undisclosed. Overlap is a social app that enables frequent travelers to see when and where their paths cross. Pangea plans a multi-year consolidation of the fragmented travel technology sector into a single artificial intelligence-driven platform. The platform aims to position people in the right place, at the right time, with the right people to share experiences. The approach emphasizes the 'why' behind travel rather than the 'how.' Pangea's founder and CEO, Matt Gray, framed the acquisition as an early step toward that vision.
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