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-ITA Software, Inc., a flight information software company, and Google Inc. (NASDAQ: GOOG) today announced that they have signed a definitive agreement for Google to acquire ITA for $700 million in cash, subject to adjustments.
“ITA’s very talented team has created an impressive product to organize flight information”
“ITA’s very talented team has created an impressive product to organize flight information,” said Eric Schmidt, Chairman and CEO of Google. “Their technology opens exciting possibilities for us to create new ways for users to more easily find flight information online, and we’re looking forward to welcoming them to Google.”
At Advanced Electron Beams Inc. in Wilmington, CEO Mitch Tyson said the first phase of his company’s electron emitter rollout is kicking into high gear.
“This is the year that really we should be taking off,” said Tyson, who expects revenue to more than double this year compared to 2009, while the company’s 50-person staff could double within 12 to 18 months.
The other day I told you about Boxee, the free and super-slick media-center software that streams video from the likes of Hulu, Netflix, and YouTube.
If you use Boxee, you've gotta use the Boxee bookmarklet.
Demandware, Inc., the global leader in on-demand ecommerce, today announced that Theory, the global fashion brand, recently launched a new online retail site using the Demandware® eCommerce platform. The site is Theory's first foray into ecommerce and part of a broader strategy for expanding its reach to dedicated consumers.