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Prior to its IPO, Expedia, Inc. was a wholly owned subsidiary of Microsoft Corporation (Nasdaq: MSFT). Following the initial public offering, Expedia, Inc. became a separate company, but still has a contractual relationship with and is still majority-owned by Microsoft.
What else can I help you with?
Who owns expedia?
Richard Barton owns Expedia Inc. He was a former Microsoft executive and started Expedia in 1996.
When was Expedia spun off from Microsoft?
The company was founded within the offices of the Microsoft Corporation and spun off into a separate unit in 1999.
When did Richard Barton work for Microsoft?
Microsoft Corporation, 1991-1994, product manager, then general manager of Expedia unit, 1994-1999
When was the Expedia IPO?
In the fourth quarter of 1999 Microsoft spun off Expedia (while still maintaining a controlling interest) with an initial public offering (IPO) of $14 per share.
When did Expedia become part of USA Interactive?
In July 2001 Microsoft agreed to sell control of Expedia for an estimated $1.3 billion to 's USA Interactive, the cable television company
When was Expedia founded in USA?
Expedia was founded in the USA in 1996 as a division of Microsoft Incorporated. It was then purchased by Ticketmaster in 2001, and spun off into a company of multiple vacation bargain hunting services in 2005.
Examples of C - Corporation?
Microsoft , fedex , UPS , McDonals's Adobe , General Electric ,Expedia , Caterpiller and many more.
Did Microsoft own apple?
Apple has not once been part of Microsoft.
Does Microsoft own the PS3?
No Microsoft is the Xbox 360 and PS3 is Sony
Does Microsoft own hotmail?
Yes
How much money did Microsoft invest in Expedia?
Barton persuaded Microsoft to invest $100 million in order to make a group of personal computers do what in the past only a mainframe airline-reservation system could do--retrieve flight information and purchase a ticket
Does Microsoft own Xbox?
Yes, yes they do
