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Saturday, April 19, 2008

Microsoft Acquires Seattle Based Travel Search Site Farecast

Farecast recently confirmed that it has been acquired by Microsoft! This acquisition creates tremendous opportunities for the Farecast team and our customers.

No financial details were disclosed about this acquisition. However published reports said the microsoft acquired the farecast for $115 million.

More details can be found here and here.

About Farecast

Farecast.com™ is the smart travel search site that helps you buy with confidence. Launched in 2006, Farecast.com empowers you to Know When to Buy™ with airfare predictions and Know Where to Stay™ with the hotel Rate Key™.

Farecast® was recognized as one of Web 2.0's "Best Travel Sites," one of PC World's 20 Most Innovative Products, "Best of What's New" by Popular Science, one of TIME Magazine's "50 Coolest Websites" and one of the "Best Trip Planning Tools" by Business Week readers. Farecast is headquartered in Seattle, WA.

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