Website and Tech Buy for Helloworld, Acquires Flight Systems

Well-known Sydney online travel entrepreneur Mirza Juddani has sold his company Flight Systems, which operates skiddoo.com.au, to listed retailer Helloworld. Technology was a major reason for the acquisition, providing  a low risk and low cost entry to some sophisticated distribution technologies, said Helloworld CEO Andrew Burnes. Flight Systems is expected to have turnover of $80m this financial year and the purchase amount was not disclosed. Juddani will be staying on and joining the HLO team.

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