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Not Expedia, but Microsoft acquires Farecast

April 18, 2008 | Online Travel

It's official: Microsoft is the mystery buyer of Farecast, the Seattle online travel startup. The company issued a statement welcoming the Seattle online travel search startup to the "Microsoft family.

Responding to a Seattle P-I inquiry Thursday, Microsoft issued a statement welcoming the Seattle online travel search startup to the “Microsoft family.”

“Farecast has been a partner of ours on MSN Travel and we look forward to working closely with the Farecast team to incorporate and apply its technology in new and interesting ways,” the statement said.

In a short blog post, Farecast Chief Executive Hugh Crean said, “This acquisition creates tremendous opportunities for the Farecast team and our customers.” He declined further comment, as did Microsoft.

Get the full story at the Seattle Post-Intelligencer

And more background information on the Seattle Post-Intelligencer’s blog

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