January 10th, 2013

Facebook + Kayak: Flights With Friends Launches To Take The Pain Out Of Group Travel Planning

Screen shot 2013-01-10 at 3.05.50 AM

Over the last few years, the travel industry has begun to undergo significant change, as startups and incumbents have fought to bring the disparate parts of a highly regulated industry online. Much of the attention from consumer web businesses has focused on making travel more “social,” improving discovery and helping travelers figure out what to do at destinations of choice. Today, there’s a… → Read More

November 22nd, 2012

Follow The Money: Why Priceline Bought Kayak

kayak-logo

Last week, Priceline.com acquired Kayak for $1.8 billion. That’s more than twice what Google paid for ITA back in 2010. Why did Priceline make this move? And why now?

Priceline acquired Kayak for $40 a share, about $500 million in cash, $1 billion in Priceline equity, and about $300 million in stock options. Kayak got a premium price — a 29 percent premium, to be exact — from Priceline… → Read More