On November 1, 2017, China-based online travel agent Ctrip announced that it has acquired Trip.com, a Silicon Valley-based travel planning and local discovery application and website. The acquisition will allow global travel search site Skyscanner, also owned by Ctrip, to leverage select Trip.com capabilities under its own platform. Terms of the deal were not disclosed. Wilson Sonsini represented Skyscanner in the transaction.
Skyscanner, which is available in more than 30 languages and has 10 offices across the world, offers instant flight, hotel, and car rental comparisons. According to a press release, the technology, community, and content behind Trip.com will allow the company to launch inspirational and in-trip content to travelers, such as personalized recommendations. This will enable Skyscanner to serve the needs of travelers at every step of the process, from choosing where to travel to helping them have the perfect experience once they arrive.
The Wilson Sonsini team that served as support in the transaction included:
Technology Transactions:
Dan Glazer
Employee Benefits and Compensation:
Scott McCall
Employment:
Rebecca Stuart
Tax:
Greg Broome