Friday, August 26, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Patches iOS Security Flaws Discovered In Spyware Targeting Activist
LG To Showcase Latest OLED TVs Compatible With HDR Technologies At IFA
NHK Join Forces With Panasonic And Sony To Win The 8K TV Race
Intel Introduces New 3D NAND SSDs
Facebook To Use Personal Data From WhatsApp To Bring You Personalized Ads
Amazon Introduces Car Research Portal
Google Uses Artificial Intelligence To Compress Images
Researchers Make Wi-fi Networks Faster And Stronger
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 Uses Artificial Intelligence To Compress Images
Google Duo App Joins Field of Video Calling
Russia Fines Google $6.75 Million
Alphabet Posts Strong Revenue on Video Market
Updated Google Maps Highlight Areas of Interest
Google Keeps The Lead Pack In Federal Lobbying Expenditures
South Korea Probes Google: report
European Antitrust Authorities Send Complaints To Google on Advertising, Search
Google Wants To Make Websites Viewable in VR
Google Says SSDs Not Perfectly Stable Yet For Data Centers
Qualcomm Snapdragon 600 and 800 Procesors To Support Google Tango Augmented Reality Technology
KDDI, Google Complete 60-Terabit Trans-Pacific Cable

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 .