Microsoft has acquired the Seattle based travel search startup Farecast, which has been the recent target of acquisition rumors. The buyout of Farecast was confirmed on the Farecast Blog :
Were excited to confirm that Farecast has been acquired by Microsoft! This acquisition creates tremendous opportunities for the Farecast team and our customers. We look forward to sharing more details in the weeks to come.
Microsoft was already a Farecast partner, as its Microsoft Travel division had inked a deal with Farecast in July 2007 to power its airfare prediction service. The price for Farecast was between $100 and $115 Million.
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1 response so far ↓
Kaszub on Apr 19, 2008 at 11:41 am
Very powerful on line search, very money making :) I use it , i love it :D
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