Wednesday, July 30, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung And Apple See Their Smartphone Market Shares Plunging
Twitter Says Its User base Increased
Microsoft Details Windows Phone 8.1 Update, Brings Cortana To New Markets
Facebook to Shut Down Gifts Service
Netflix To Pay AT&T For Smooth Video Delivery
Lite-On To Showcase New Enterprise Storage Solutions
Sharp Develops Brighter LED for LCD Backlights
Microsoft Releases The Sharks Cove, A Raspberry Pi Alternative
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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 Does Not Confirm to $1 Billion Acquisition Of Twitch
Google Implemented "Right To Be Forgotten" Ruling Inadequately, EC says
European Regulators May Need Extra Concessions From Google
Google Profit And Revenue Jump
Google Plus No Longer Requires Real Names
Google To Combat Zero-day Attacks With Project Zero
Google And Novartis To Offer Smart Lens
Google To Invest $100 Million To European StartUps
Google Restores Search Links To British Newspaper Articles
Google Buys Songza
Court Rejects Google Appeal In Street View Privacy Case
Google President Visits Cuba To Promote Internet

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .