TripAdvisor Acquires Cruise Assets

TripAdvisor (NASDAQ: TRIP  ) is boosting its sea travel offerings with a new acquisition. The company announced it has acquired "key technology and talent" from privately held CruiseWise, a sea vacation booking site. The terms of the deal were not disclosed.

TripAdvisor said that the CruiseWise team, and the company's non-transactional functionality, would be absorbed into Cruise Critic. This is a unit TripAdvisor acquired with its purchase of The Independent Traveler in 2007.

The CruiseWise buy is the latest in a string of acquisitions for the online travel operator. Less than a month ago, it announced it purchased high-end booking site jetsetter.com.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2405721, ~/Articles/ArticleHandler.aspx, 10/23/2014 7:11:50 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement