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Really curious as to how Kayak could conceivably buy ITA, or even a significant stake in it, seeing as how they are VC-backed themselves. From Wikipedia: "KAYAK
by warpwoof 16y ago
Really curious as to how Kayak could conceivably buy ITA, or even a significant stake in it, seeing as how they are VC-backed themselves. From Wikipedia: "KAYAK has raised $230 million to date"
- ajtaylor 16y agoGood question, especially that Google's offer was along the lines of $700M CASH. I don't think the travel sites have many choices though considering the very powerful products ITA has to offer. Can you imagine what would happen if ITA were to be swallowed up and stop providing services to Expedia and the like? It's unlikely because of the anti-trust issues, but... that's not something I would bet my company's future on.
- warpwoof 16y agoFrom what I understand ITA doesn't provide services to Expedia. Expedia has its own flight search engine that may be opened up to compete with ITA: "Best Fare Search" http://www.tnooz.com/2010/05/10/news/if-google-reins-in-ita-software-would-expedia-ride-to-metasearch-rescue/ http://www.tnooz.com/2010/05/10/news/if-google-reins-in-ita-...
- fuzzmeister 16y agoIt would be rather convenient if they did, though - ITA is in Cambridge, MA and Kayak has an R&D center about 20 minutes away in Concord, MA.