Google Likely to Face Antitrust Challenge to ITA Software Acquisition

By

U.S. regulators are cobbling together a possible antitrust challenge to Google Inc.’s plans to purchase ITA Software, an airline ticketing software company, Bloomberg reported today.

Google’s pursuit of ITA Software, whose travel programs are used by companies including Orbitz Worldwide and Microsoft, began last summer. The proposed deal ruffled feathers among online travel sites that feared Google’s acquisition of ITA would prevent them from using the software company’s business-critical products and services.

According to the Bloomberg report, officials in the Justice Department’s antitrust division have requested prompt access to more information about the merger. Bloomberg also reported that Google invoked a provision of federal law that compels U.S. officials to decide within 30 days whether to challenge the deal.

Google’s planned acquisition of ITA Software is part of the tech giant’s ongoing shopping spree. Last August alone, Google purchased six companies, a single-month record for the company. And in 2010, Google purchased more than two dozen companies, compared to its previous annual record of 16 in 2007. Many of these acquisitions relate to social networking including SocialDeck, Angstro, Jambool and Slide.com.

In fact, Google’s acquisition pace is significantly greater – almost double – of the next most acquisitive tech company, IBM.  Google’s mix of acquisitions is quite varied combining larger acquisitions ($100 million plus) and also doing smaller talent acquisitions (the popularly coined “acqu-hire”), according to CB Insights.

Among Google’s latest acquisitions is Zetawire, a Canadian startup specializing in mobile payments. Little is known about Zetawire although Mashable reports that an analyst with 451 Group reveals that the fledgling company received a patent for “mobile banking, advertising, identity management, credit card and mobile coupon transaction processing.”




Edited by Janice McDuffee

TechZone360 Contributing Editor

SHARE THIS ARTICLE
Related Articles

Coding and Invention Made Fun

By: Special Guest    10/12/2018

SAM is a series of kits that integrates hardware and software with the Internet. Combining wireless building blocks composed of sensors and actors con…

Read More

Facebook Marketplace Now Leverages AI

By: Paula Bernier    10/3/2018

Artificial intelligence is changing the way businesses interact with customers. Facebook's announcement this week is just another example of how this …

Read More

Oct. 17 Webinar to Address Apache Spark Benefits, Tools

By: Paula Bernier    10/2/2018

In the upcoming webinar "Apache Spark: The New Enterprise Backbone for ETL, Batch and Real-time Streaming," industry experts will offer details on clo…

Read More

It's Black and White: Cybercriminals Are Spending 10x More Than Enterprises to Control, Disrupt and Steal

By: Cynthia S. Artin    9/26/2018

In a stunning new report by Carbon Black, "Hacking, Escalating Attacks and The Role of Threat Hunting" the company revealed that 92% of UK companies s…

Read More

6 Challenges of 5G, and the 9 Pillars of Assurance Strategy

By: Special Guest    9/17/2018

To make 5G possible, everything will change. The 5G network will involve new antennas and chipsets, new architectures, new KPIs, new vendors, cloud di…

Read More