Feeds

Google to buy flight data company for $700m

Part of search giant's world domination improvement plan

Top 5 reasons to deploy VMware with Tegile

Google has agreed to pay $700m to buy flight-information provider ITA Software so that the search giant can provide users with more-comprehensive information about prices, times, and destinations of commercial airline flights.

The all-cash deal is the latest attempt by Google to expand beyond its core web-search offerings. While CEO Eric Schmidt said it's too early to flesh out business models, the company said its embrace of the 500-employee firm located in Cambridge, Massachusetts would make it easier for people to comparison-shop for flights, and would drive more sales to online travel agencies.

ITA was founded in 1996 by computer scientists from the Massachusetts Institute of Technology. Its search algorithms for presenting customized flight data are already used to help several airlines run their reservation systems.

It wouldn't be surprising for the deal to face significant regulatory scrutiny from antitrust enforcers in the US and possibly elsewhere. Google's $750m acquisition of AdMob was held up by a six-month review from the Federal Trade Commission, which ended its inquiry only after Apple bought Quattro, the third-largest mobile ad network.

Google hasn't said how much time it expects for the latest deal to close. In an announcement, the company already appeared to be girding for a fight, insisting that under the deal Google wouldn't be setting airfare prices and had no plans to sell tickets to consumers. It also said existing market shares in the industry wouldn't change. ®

Beginner's guide to SSL certificates

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
Vodafone to buy 140 Phones 4u stores from stricken retailer
887 jobs 'preserved' in the process, says administrator PwC
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
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?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.