Kayak has further enriched its European portfolio by adding Checkfelix to its list of acquisitions. Checkfelix is an Austrian travel search engine that offers cheap flights, discounted hotels, and cheap rental cars. In the deal, Kayak will acquire JaBo Software Vetrieb- und Entwicklung, better known as Checkfelix, but the Austrian company will continue to function […]
Travel startup TripIt cashes in for an estimated $120 million after only 5 years of development and customer building. Concur is said to have acquired the Web’s most utilized business travel planning tool for cash and stocks. As for the future of TripIt, Concur has not released a statement as of yet.
Rumors are about suggesting Google may be in the market for online travel portal Opodo. If the news that Amadeus is selling one of its travel units are true, a bidding war between some key financial and online travel players may ensue. Google’s ITA transaction has many people concerned that the Internet giant may dominate the online travel game.