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Farecast - Ownership and Business Overview

SoftwareCompany

Farecast Ownership

Who owns Farecast?

Farecast is owned by Microsoft. It was acquired on April 17, 2008.

Farecast Business Overview

Where is Farecast headquartered?

Farecast is headquartered in Seattle, Washington.

What sector is Farecast in?

Farecast is a software company.

When was Farecast founded?

Farecast was founded in 2003.

Software M&A Summary in 2008

Out of 60 sectors in the Mergr database, software ranked 1 in number of deals in 2008. The largest software acquisition in 2008 was Business Objects S.A - which was acquired by SAP SE for $6.8B.

Join Mergr to view all 384 acquisitions of software companies in 2008, including 36 acquisitions by private equity firms, and 348 by strategics.

Farecast, Inc.

200 West Thomas Street, Suite 300,
Seattle, Washington 98119
United States,
(206)218-1166

Farecast is an airfare pricing comparision tool that also uses a predictive algorithm to recommend when you buy your ticket. So the idea is to show the user not just who has the cheapest ticket, but whether or not waiting might make sense as well. The site has also guarantees tickets at its predicted prices for an extra charge. As of this past fall, it also began helping travelers determine the fairness of hotel pricing


Company Summary

SECTOR

Software

Established

2003

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