Travel technology giant Travelport will help raise some eyebrows around the travel industry today after buying the Sprice metasearch engine.
Travelport will be the first of the main global distribution systems to complete such a (so far undisclosed) deal for an existing B2C consumer travel search site.
Sprice is based in Singapore and has an office in France – existing employees will transfer to Travelport as part of the acquisition from venture capital firms Sofinnova Partners and Walden International, backers of the company since 2006.
Read the full story at: http://www.tnooz.com/2010/05/18/news/travelport-plots-intriguing-move-buys-travel-search-engine-sprice/
