Kayak has made its first major acquisition in two and a half years by snapping up German metasearch site Swoodoo for an undisclosed fee.
Kayak intends on running the two companies as separate entities but will “integrate technology best practices” between the pair over the coming months.
The deal sees Swoodoo chief executive Christian Saller take on the additional role of managing director for Kayak in Germany. The senior management team at Swoodoo will also take responsibility for both brands.
Read the full story at: http://www.tnooz.com/2010/05/06/news/kayak-buys-german-travel-search-site-swoodoo/