+44 (0)20 7930 4158POPULAR TOOLS
Microsoft buys airfare search engine Farecast
Microsoft will integrate airfare search engine Farecast in its MSN travel service after acquiring the Seattle-based startup for an undisclosed sum. The Seattle Post Intelligencer, citing an insider source, estimates the deal at USD115m. The news follows earlier rumours that Farecast was sold for USD75m, with Expedia tipped as a likely buyer. "Farecast has been a partner of ours on MSN Travel and we look forward to working closely with the Farecast team to incorporate and apply its technology," says Microsoft PR director Whitney Burk.
To access this content and our full archive of articles on 30,000+ companies, you are required to be a StrategyEye subscriber. We offer a range of subscription options. Complete the form to request one of our packages. |
|
