SoftBank-Backed Unicorn Yanolja Buys Israeli Travel-Tech Company

South Korea’s largest trip-booking company Yanolja Co. is acquiring Israeli technology provider Go Global Travel to become one of the world’s largest travel solution platforms.

Yanolja’s cloud business unit is buying the Israeli company from AMI Opportunities Fund, which is advised by Apax Partners, according to people familiar with the matter. Closely held Yanolja, which is set to keep the purchase price private, will gain access to GGT’s inventory of more than 1 million hotels and customers across North America and Europe, said the people, asking not to be named as the deal hasn’t been announced.

Backed by SoftBank Group ...