TripIt, the little traveler's help app that launched in the fall of 2007, is finally getting acquired. Business travel and expense management firm Concur (Nasdaq: CNQR) is putting up $120 million for the start-up.
In June 2008, I said that Tripit was clearly an acquisition play, not a long-term business. I did get my timing wrong, though: I thought they'd be acquired within the year.
I talked with TripIt co-founder Greg Brockway and Concur President Rajeev Singh today about the deal, and the prospects for the company. They want to have their businesses meet in the middle of … Read more