Press for ITA Software

Google Inc. (Nasdaq: GOOG) is in talks to acquire ITA Software Inc. of Cambridge, Bloomberg News reported this morning. The aviation industry software maker reportedly is asking $1 billion.

Google Inc. is in talks to acquire ITA Software Inc., a maker of travel programs used by companies including Orbitz Worldwide Inc. and Microsoft Corp., three people familiar with the matter said.  ITA Software, based in Cambridge, Massachusetts, may seek about $1 billion, said two of the people, who asked not to be identified because the discussions haven’t been made public. The talks may not lead to a transaction, said the people.

ITA Software, Inc., the leader in developing innovative solutions for the travel industry, today announced it has been recognized byFast Company as one of this year’s Top 10 Most Innovative Transportation Companies. The publication’s annual Most Innovative Companies list recognizes global companies across multiple categories, focusing on those with the most successful, creative business models and progressive cultures that have the power to shape the future business landscape.

ITA Software, Inc., the leader in developing innovative solutions for the travel industry, today announced it will be hosting CrisisCamp Boston, a volunteer event on Saturday, January 23 aimed at supporting Haitian relief efforts through technology-based projects. CrisisCamp Boston is the first event of its kind in the New England area and follows a successful model developed by Crisis Commons, an international volunteer network. This event is taking place in coordination with the CrisisCamp efforts of Washington DC and Silicon Valley, as well as those forming in other U.S. cities, all taking place this Saturday.