Google in talks to buy ITA
theregister.co.uk
theregister.co.uk
The one place where Google is getting spanked by Bing is in travel search. Bing travel is IMHO hands down the best fare search engine out there, and I travel a lot. http://matrix.itasoftware.com site comes in second place for me, even though it looks like crap.
It has some insanely useful tools for a mileage runner such as myself. For instance, ITA has a domain specific language that you can use to search for fares. What I use it all the time for, is to find the cheapest fare between two cities on a single airline over the course of the next month.
I've used it for searches like, "find me trips between point A and point B that involve three segments on the outbound and two on the return, all on American."
When I wasn't trying to come up with some insane routing just for miles/segments, it still was better at coming up with routes/prices than whatever my old company's corporate travel service used. I would never let them book me anything once I found out I could take five minutes, look on ITA, and more often than not find a more convenient route for less money.
ITA powers Kayak & Bing/Farecast and has the direct relationship with the airlines. ITA is foundational to travel search in a way that Kayak or Bing/Farecast is not.
The problems were definitely google-esque.
Really? Not in my experience.
On an unrelated note, ATI's co-founder Dave Baggett was on the founding team for the original "Crash Bandicoot"...which is awesome.
The reason you see so many commercials on TV for travel-related sites such as Expedia, Hotels.com, Priceline, etc., is because the margins and volumes are so large.
Also ITA deals with incredibly complex problems and has very complex software, rewriting it in other languages would be a serious undertaking.
Unless they feel ITA's market position alone is worth that much cash, but I find that hard to believe.
edit: Bah wasn't in the same exact thread line but was mentioned, excuse the dumb on the grandparent/Great Grand Parent part.
Why I think Google needs one? Because they don't have one, and considering their financial resources, they can afford it, and because ITA will pay for itself.
The conversation went something like this:
Me: I'd like to talk to you about something...
Him: Let me guess - you want to use Smalltalk.
Me: Er, no...
Him: Lisp?
Me: Right.
Him: No way.
And that was the end of Lisp at Google.Then again, not every Google project has Hal Abelson on the team. That might have something to do with it.
http://googleresearch.blogspot.com/2009/07/app-inventor-for-...
I imagine data persistence and distributed workloads are handled by the C++ portion of ITA code, which means plugging into GFS, BigTable, Chubby and more wouldn't be that difficult. ITA had already done the hard job of working around Common Lisp's missing pieces (a standard on concurrency and systems/network programming), something which would have been a huge distraction to e.g., Google in 2001 (when Ron Garrett attempted to evangelize Lisp).
Lastly, ITA isn't dependent on an acquisition by Google in the same way a start-up with no revenue (being acquired for talent and/or audience) would be. They're being bought partly for talent, but also they're being bought for actual technology and a working, profitable business. That gives them a lot more leverage in setting the terms of the acquisition (has e.g., Postini undergone a full re-write?). These issues is what "technical due diligence" is supposed to work out and resolve: would an integration necessarily mean driving the employees away? If this is so and such integration would have to occur, then the merger may simply not happen.
Even in the case of a pure talent acquisition care has to be taken to avoid an exodus. Money isn't going to the deciding factor here: I'd imagine ITA employees are less bound by golden handcuffs; they're not staring at life changing sums of money and (like most hackers) are more motivated by doing interesting work with smart peers and powerful tools, than by what is effectively a equivalent to a yearly bonus (I am assuming they're likely looking at $100,000-$200,000 in shares vesting over a four year period).
This acquisition only makes sense if the QPX operations parts of ITA stay separate from Google; in general, Google would have to avoid "Googlizing" operations and probably the working code base as well.
QRES, though, isn't as far as we know isn't in good shape WRT to its potential market due to the Great Recession and now the Iceland volcano and its one customer (Air Canada) suspended its formal involvement in it (now's just not a good time to make a switch). I wouldn't be surprised if that got spun off or more likely canceled. I'm assuming ITA's leaders are shopping around the company or at least entertaining offers due to it's poor prospects for the foreseeable future, it's a very good idea with very bad timing.