Monday, 13 August 2012 16:30

Google Purchases Frommer's Travel Guides

Written by  Joshua Cohan
Rate this item
(0 votes)

Authors: Joshua Cohan

Google Purchases Frommer's Travel GuidesJOHANNES EISELE/AFP/Getty Images(NEW YORK) -- Google says it is acquiring the travel brand Frommer’s from John Wiley & Sons, Inc. Terms of the deal were not disclosed.
“The Frommer's team and the quality and scope of their content will be a great addition to the Zagat team,” a Google spokesperson said Monday in a statement to ABC News. “We can’t wait to start working with them on our goal to provide a review for every relevant place in the world.”
John Wiley & Sons, Inc., said Monday that it has “entered into a definitive agreement to sell of its travel assets, including all of its interests in the Frommer’s brand, to Google.”
Earlier this year, Wiley said it was exploring opportunities to sell a number of its assets, “as they no longer align with the company’s long-term business strategy.”
Copyright 2012 ABC News Radio

Read more http://abcnewsradioonline.com/business-news/google-purchases-frommers-travel-guides.html





AkronNewsNow

Copyright © 2013 AkronNewsNow & Rubber City Radio Group |All Rights Reserved |  1795 West Market Street | Akron, OH 44313 | 330.869.9800