TripAdvisor purchases GateGuru for undisclosed sum
TripAdvisor buys GateGur to add to its flight-related offerings; terms not disclosed
NEWTON, Mass. (AP) -- Online travel review company TripAdvisor has purchased GateGuru, a mobile app that provides flight and airport information.
Financial terms were not disclosed.
TripAdvisor Inc. co-founder and CEO Steve Kaufer said in a statement on Wednesday that the acquisition will add to its flight-related offerings. The Newton, Mass., company currently provides a flight pricing and availability search on its namesake web site and offers seat maps and other options through SeatGuru.com.
GateGuru will continue to run out of New York and will report to Bryan Saltzburg, general manager new initiatives and leader of the TripAdvisor flights product and SeatGuru brand.
TripAdvisor shares finished at $63.85 on Tuesday. They have traded in a 52-week range of $28.63 last November to $65.41 at the end of May.
