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Microsoft buys Farecast.com
Posted 4/21/2008 by Steve Sinchak

Microsoft Corp. said Thursday it acquired travel search startup Farecast Inc. for an undisclosed amount.

The Seattle startup tries to predict whether air fares will rise or fall, helping travelers decide when to buy plane tickets for upcoming trips. Farecast's site also has a section that searches for hotel room rates, then tells Web surfers whether the price is a good deal, or no deal at all.

In a precursor to the buyout, the companies signed a deal in last year that made some of Farecast's technology available on Microsoft's own MSN travel site.

Source: Yahoo News



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