Cendant Travel Distribution Services (TDS) has acquired almost all of the assets of The Away Network.
Cendant is a subsidiary of Cendant Corporation.
The Away Network is a leading online special interest travel site.
Terms of the acquisition were not disclosed.
Sam Katz, chairman and CEO of TDS, said:
“With this stragetic tuck-in acquisition, Cendant Travel Distribution Services augments its ability to drive traffic, capture advertising revenues and reach travelers earlier in the planning cycle, when they are researching their trips using Away’s unique content.
Cendant Corporation’s Travel Distribution Services Division is one of the world’s largest and most gepgraphically diverse collections of travel brands and distribution services. The division has 5,000 people in more than 115 countries. Its companies include Galileo, Orbitz and many others.
Report by David Wilkening
