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ITA Software acquisition cleared for takeoff
April 8, 2011
How cool would it be if you could type "flights to somewhere sunny for under $500 in May" into Google and get not just a set of links but also flight times, fares and a link to sites where you can actually buy tickets quickly and easily? Well that's exactly why we announced our intention to
buy ITA Software
, a Cambridge, Mass.-based company that specializes in organizing airline data last July—and we're excited that the U.S. Department of Justice today
approved
our acquisition.
It’s important to us that ITA continue with business as usual, providing great service to its business partners. We indicated
last July
that we would honor ITA’s existing contracts. Today we’ve formally committed to let ITA’s customers extend their contracts into 2016. We've also agreed to let both current and new customers license ITA’s QPX software on “fair, reasonable and non-discriminatory terms” into 2016—along with
related commitments
aimed at making ITA’s technology available to other travel sites.
We’re moving to close this acquisition as soon as possible, and then we’ll start the important work of bringing our teams and products together. We’re confident that by combining ITA’s expertise with Google’s technology we’ll be able to develop exciting new flight search tools for all our users. Up, up and away!
Update
April 12, 2011:
Our acquisition of ITA has now closed.
Posted by Jeff Huber, Senior Vice President, Commerce and Local
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