Microsoft Corporation acquires Farecast

Microsoft Corporation acquired Farecast, a transaction announced in April 2008.

Farecast operates in Live Search (later Bing Travel), is based in Seattle, Washington, United States. Farecast was a Seattle-based travel technology company that predicted whether airfares were likely to rise or fall, helping consumers decide when to buy. Microsoft acquired it to power airfare and hotel price-prediction tools within its search business, technology later integrated into Bing Travel.

Add airfare and hotel price-prediction capabilities to Microsoft's search and travel offerings.

Advisory firms were not disclosed for this transaction.

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