M&A Deal Summary

Expedia Acquires Orbitz Worldwide

On February 12, 2015, Expedia acquired internet software and services company Orbitz Worldwide for 1.6B USD

Acquisition Highlights
  • This is Expedia’s 11th transaction in the Internet Software and Services sector.
  • This is Expedia’s 2nd largest (disclosed) transaction.
  • This is Expedia’s 10th transaction in the United States.
  • This is Expedia’s 1st transaction in Illinois.

M&A Deal Summary
Date 2015-02-12
Target Orbitz Worldwide
Sector Internet Software and Services
Buyer(s) Expedia
Deal Type Add-on Acquisition
Deal Value 1.6B USD

Target

Orbitz Worldwide

Chicago, Illinois, United States
Orbitz Worldwide, Inc. is an online travel company. Orbitz Worldwide operates the consumer travel planning sites Orbitz (orbitz.com), ebookers (ebookers.com), HotelClub (hotelclub.com) and CheapTickets (cheaptickets.com).

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Buyer(S) 1

Buyer

Expedia

Seattle, Washington, United States
Category Company
Founded 1996
Sector Internet Software and Services
Employees17,100
Revenue 12.8B USD (2023)
DESCRIPTION
Expedia's corporate headquarters in Bellevue, Washington.
Expedia's corporate headquarters in Bellevue, Washington.

Expedia is an online travel company that provides business and leisure travelers with technology, tools and information to research, plan, book and experience travel. Expedia was founded in 1996 and is based in Seattle, Washington.

DEAL STATS #
Overall 15 of 22
Sector (Internet Software and Services) 11 of 16
Type (Add-on Acquisition) 10 of 17
State (Illinois) 1 of 2
Country (United States) 10 of 16
Year (2015) 2 of 4
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-23 Travelocity.com

Southlake, Texas, United States

Travelocity is an online portal for booking travel needs - including car rentals, airline tickets, and hotel reservations. The Company was formed in 1996.

Buy $280M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-11 Decolar

Sao Paulo, Brazil

Decolar is an online travel agency in Brazil and across Latin America. The company, through its branded websites Despegar.com (in greater Latin America) and Decolar.com (in Brazil), provides online airline and hotel booking services to leisure and unmanaged business travelers in Latin America. Decolar was founded in 2000 and is based in Sao Paulo, Brazil.

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Mergr

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