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The Cambridge company you've never heard of that has Google over a barrel

Bloomberg, via the Times, reports Google could be about to spend $1 billion on ITA Software, a Kendall Square company that sells airline-scheduling applications - of the sort a giant search engine might need if it wanted to begin providing flight information for travelers.

Stephen Laniel, who once worked there, explains why the company could be worth that much: They're the only people who have really figured out how to get the cheapest fare from A to B (Orbitz, for one, is based on their software).

... ITA is sitting on the best kind of monopoly you can hope for: they've solved a problem that no one else can solve. ...

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Comments

I've heard of them plenty, long time ago.

They're big Common Lisp users.

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The Cambridge company you've never heard of unless you use Lisp or were into computer science at MIT or are involved in the online travel business that has Google over a barrel

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as I have, as well as many other folks I know:

http://matrix.itasoftware.com/cvg/dispatch

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If your startup was located in the same building in Kendall Square... (like me)

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I'm a LISP variable! BIND ME BIND ME!

I hope they buy them, I know a bunch of folks over there who have been working for years. Lots of very smart people there (they have always been strict on hiring) so good for them!

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