Wednesday, May 04, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sony Releases New Home Audio Products
HDD Sales Fall, Capacities Rise
Sony's Future Camera Could Be in The Form Of A Contact Lens
HP Refreshes The Pavilion PC Line-up
Intel and Oculus Bring Virtual Reality to Best Buy Stores
NVIDIA And Samsung Agree to Settle IP Litigation
Samsung Develops 3rd Generation 14-Nano FinFET Low-power Process
IE Loses Top Web Browser Spot to Chrome
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > US Gove...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, April 08, 2011
US Government Clears ITA Software Acquisition by Google


The U.S. Department of Justice today approved Google's $700 million acquisition of airline fare tracker ITA Software.

However, Department is imposing significant conditions on the deal.

The purchase will establish the Internet search giant as a key player in the online travel market. ITA gives Google control over the technology that powers the reservation systems of most major U.S. airlines and many popular online fare-comparison services, including Kayak, TripAdvisor and Hotwire.

Cambridge, Mass.-based company ITA Software specializes in organizing airline data. Google said that after the acquisition, ITA will continue with business as usual, providing services to its business partners. Google also formally committed to let ITA's customers extend their contracts into 2016.

In response to the Department's reqirements, Google company 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.

Google is moving to close this acquisition as soon as possible, and then the company will start the work of bringing their 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," Google's Senior Vice President of Commerce and Local Jeff Huberwrote on the company's blog.

The U.S. government will also monitor Google to ensure it does not engage in anticompetitive behavior. That could include manipulating its powerful Internet search engine to steer consumers to its own services - or bury links to rivals far down in its search results - if it uses ITA to enter the online travel business.

The company will be also subject to broad requirements to report to government officials on its online travel operations, including travel search and advertising. In addition, the government will establish a forum for complaints about Google's behavior.


Previous
Next
Intel Invests $20 million in Kno        All News        ASUS Launches New BW-12D1S-U External BD Burner
Intel Invests $20 million in Kno     General Computing News      YouTube is Going LIVE

Get RSS feed Easy Print E-Mail this Message

Related News
Google's Pichai Sees the End of Computers
AT&T To Take On Google Fiber With Super-Fast Broadband Services
Microsoft, Google Drop Complaints Against Each Other
Ad Business Keeps Fuelling Google's Alphabet Profit
Europe Sends Statement of Objections to Google on Android And Applications
Google Is Facing Charges Over Android
Supreme Court Lets Fair Use Ruling Stand in Google Books Litigation
Google Wants To Get Your Home Phone On Google Fiber
French Data Wathdog Fines Google Over 'Right to be Forgotten'
Russian Court Says Google Violated Antimonopoly Legislation
Google's AlphaGo AI Machine Defeated in Fourth Game
Google's AlphaGo Wins S. Korean Go Player Again

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .