ITA Software

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ITA Software LLC
Company type
Subsidiary
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Headquarters5 Cambridge Center, Cambridge, Massachusetts
Key people
Jeremy Wertheimer: Vice President, Travel, Gianni Marostica: Commercial Director, Travel
ProductsSoftware
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Number of employees
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ParentGoogle
Websitewww.itasoftware.com

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ITA Software is a travel industry software division of Google, formerly an independent company, in Cambridge, Massachusetts. The company was founded by Jeremy Wertheimer, a computer scientist from the MIT Artificial Intelligence Laboratory, with his partner Richard Aiken in 1996.[1] On July 1, 2010, ITA agreed to be acquired by Google. On April 8, 2011, the US Department of Justice approved the buyout. As part of the agreement, Google was required to license ITA software to other websites for five years.[2]

History

ITA's first product was an airfare search and pricing system called QPX. This system has been and is used by travel companies such as Bing Travel, CheapTickets, Kayak.com, and Orbitz, and by airlines such as Alitalia, American, ANA, Cape Air, Delta Air Lines, United Airlines, US Airways, and Virgin Atlantic. ITA also hosts its own airfare search website based on QPX, called "Matrix", although it is not possible to buy tickets from it.[3]

ITA was known for using programming puzzles to attract and evaluate potential employees since 2001. Some of these puzzles have appeared in ads on Boston's MBTA subway system. ITA is also one of the highest-profile companies to base their software on Common Lisp.[4]

In January 2006, ITA received $100 million in venture capital money from a syndicate of five investment firms led by Battery Ventures, marking the largest investment in a software firm in New England in five years.[5]

In September 2006, ITA announced a several-million-dollar deal with Air Canada[6] to develop a new computer reservations system to power its reservations, inventory control, seat availability, check-in, and airport operations.[7] In August 2009, Air Canada announced that the project had been suspended.[8]

In July 2010, Google announced the acquisition of ITA for $700 million in cash, subject to DOJ review and approval.[9] On April 8, 2011, the US Dept. of Justice and Google reached an agreement in terms to allow the purchase and dismiss a potential antitrust lawsuit.[10]

On March 1, 2012, Google and Cape Air announced that Cape Air had migrated to ITA Software's passenger service system (PSS).[11] One year later, Google announced that it was discontinuing the PSS.[12]

In 2013, Google started offering a simplified API to QPX called QPX Express; it was discontinued on April 10, 2018.[13]

See also

References

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  1. ^ Edward Hasbrouck, The Practical Nomad blog, July 12, 2010: Google buys ITA Software, Part 1: The back story
  2. ^ Page Module:Citation/CS1/styles.css has no content."Nightly Business Report for Friday, April 8th, 2011". PBS. Archived from the original on 2020-11-11. Retrieved 2017-09-01.
  3. ^ Page Module:Citation/CS1/styles.css has no content."Matrix - ITA Software by Google". Retrieved October 31, 2017.
  4. ^ Page Module:Citation/CS1/styles.css has no content."Lisp and ITA Software move airline travel to a higher altitude". Franz Inc.
  5. ^ Page Module:Citation/CS1/styles.css has no content.Howe, Peter (2006-01-23). "Software firm gets $100m in backing". The Boston Globe.
  6. ^ Page Module:Citation/CS1/styles.css has no content."ITA Software signs deal with Air Canada". The Boston Globe. 2006-09-12. Archived from the original on June 23, 2012.
  7. ^ General Catalyst Partners :: News Script error: No such module "webarchive".
  8. ^ "Air Canada suspends implementation of next-gen Polaris reservations system." ATW Daily News, Aug 12, 2009.
  9. ^ Page Module:Citation/CS1/styles.css has no content."Facts about Google's acquisition of ITA Software". Google.com. Jul 1, 2010.
  10. ^ Page Module:Citation/CS1/styles.css has no content."Justice Dept. allows Google to buy online travel company". The Washington Post. Apr 8, 2011.
  11. ^ Page Module:Citation/CS1/styles.css has no content."Google is now in the PNR hosting business". PapersPlease.org. Mar 1, 2012.
  12. ^ Dennis Schaal, "Google and ITA Software abandon airline reservations business", Skift May 15, 2013
  13. ^ Page Module:Citation/CS1/styles.css has no content."FAQ". Archived from the original on 2017-11-01. Retrieved 2017-11-01.