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CIBT Announces Investment in Leading Global Travel and Mobility Technology Platform

CIBT, a global leader in mobility services, announced it has acquired the mobility software platform developed by Viselio, a dynamic technology company based in Berne, Switzerland.

Viselio’s software platform will accelerate CIBT’s ambitious plans to further leverage data, AI, and automation to drive a superior customer experience throughout the visa and immigration process. CIBT is uniquely positioned to support companies mobilizing talent overseas on short and long-term assignment and for employees requiring business travel visas, work authorizations, and related entry documents.

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“CIBT’s 30-year success as the market leader can be attributed to our continuous focus on creating responsive and innovative solutions for our clients,” said Eric Scheinerman, Chief Executive Officer of CIBT. “With COVID-19, the entire landscape has been drastically altered and clients need tech-enabled solutions that minimize the effort and complexity associated with international mobility ensuring accuracy, compliance, and speed. We see a significant opportunity in the market that other firms have not addressed.”

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Along with the software platform, Viselio’s team of developers will join CIBT’s center of technology excellence, where they will innovate, develop, and design solutions that will seamlessly connect travel, mobility, HR, and corporate security to deliver a next-generation experience for international travelers and expatriates.

“This transformative investment marks an important milestone for CIBT, accelerating our plans to create a truly connected ecosystem for our clients,” Scheinerman added. “We couldn’t be more excited for this next chapter in CIBT’s growth.”

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[To share your insights with us, please write to sghosh@martechseries.com]

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