Feeds

Microsoft buys travel search site

Pays real money

Internet Security Threat Report 2014

Microsoft has bought Farecast - a travel search site which finds flights for you and, if you're flying from some US cities, can also tell you if the price is likely to go up or down in future.

Farecast has worked with MSN since 2007, but a three line blogpost from president and CEO Hugh Crean yesterday revealed it had gone to Microsoft.

Microsoft said in a statement: "We are pleased to announce that we have acquired Farecast, a Seattle-based smart travel search engine, and we welcome them to the Microsoft family. 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 in new and interesting ways.".

The site makes predictions on future price changes to flights based on a University of Washington research project. It collects millions of flight details every day and uses them to create predictive models using visualisations and animations.

The Seattle Post-Intelligencer, which broke the story, valued the deal at between $75m and $115m.

Farecast's website tells us: "We are committed to using open source technologies: Linux/Unix/OS X, Tomcat, Java, JSP, Perl, MySQL, Spring Framework, to name a few. Since we have so much data, we use a lot of very fast, very large storage solutions. We also crunch a lot of numbers creating statistical measures and predictive models.

"As such, we use grid technology to cluster racks of dual-processor, 64-bit commodity hardware boxes to make our daily amount of massive calculations more manageable."

We're sure that will go over well with The Beast.®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Lawyers mobilise angry mob against Apple over alleged 2011 Macbook Pro crapness
We suffered 'random bouts of graphical distortion' - fanbois
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.