Is Microsoft still interested in travel?
After shedding Expedia years ago, Microsoft seems to be dipping its toe back into the travel field with the multi-million dollar purchase of Farecast.com.
Or this may be simply a technology purchase with price prediction being integrated into other facets of the Microsoft family. According to the Seattle Post Intelligencer –
On the face of it, the acquisition seems unusual, particularly considering the relatively high reported purchase price, said Matt Rosoff, an analyst at Kirkland-based Directions on Microsoft. “Maybe there’s some really interesting technology there, with price prediction, that they think they could apply to other types of businesses,” he speculated.
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