About This Deal

Alphabet acquired ITA Software for $700M, a transaction completed in April 2011.

ITA Software operates in Travel / Search, is based in United States (Cambridge, Massachusetts). ITA Software was a Boston-based flight-data company whose QPX engine organized airline flight times, availability, and fare pricing, powering flight search for many airlines and travel sites. Google acquired it to build its own flight-search tools; the technology became the foundation of Google Flights.

Add leading flight-information software to Google's search platform and create new flight-search and price-comparison tools.

Deal Terms

Acquirer
Alphabet
Target
ITA Software
Value
$700M
Date
April 2011
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States (Cambridge, Massachusetts)
Segment
Travel / Search
Announced
July 1, 2010
Closed
April 1, 2011

In Their Words

for many people, finding the right flight at the best price is a frustrating experience; pricing and availability change constantly, and even a simple two city itinerary involves literally thousands of different options. We'd like to make that search much easierMarissa Mayer, VP, Search Products & User Experience, Google

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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