Michael Arrington reveals that travel startup Kayak is buying its rival SideStep for $200 Million. SideStep and Kayak are the two leaders in the discount travel search space (along with Mobissimo and Farecast). Kayak is reportedly doing around $50 million in yearly revenues, compared to SideStep’s $35 million. (full story: techcrunch.com)
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arrington kayak sidestep mobissimo farecast
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Mergers and Acquisitions
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Startup Kayak Raises $196 Million, Buys Rival SideStep
Michael Arrington reveals that travel startup Kayak is buying its rival SideStep for $200 Million. SideStep and Kayak are the two leaders in the discount travel search space (along with Mobissimo and Farecast). Kayak is reportedly doing around $50 million in yearly revenues, compared to SideStep’s $35 million. (full story: techcrunch.com)
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