HomeAway Buys Up BedAndBreakfast.com
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Wednesday, March 3, 2010; 4:10 AM
Vacation home rental site HomeAway is acquiring BedandBreakfast.com, a site for finding bed-and-breakfast properties all over the world. The terms of the deal were not disclosed, but BedAndBreakfast.com will continue to operate as a separate site from HomeAway. Austin, TX.-based BedandBreakfast.com lists more than 10,000 B&Bs across 100 countries. HomeAway, which is also based in Austin, was valued at $1.15 billion back in 2008 when the company raised a massive round of $250 million. The site has acquired at least twelve vacation home rental sites, including Homelidays, VRBO, VacationRentals.com, Abritel.fr and OwnersDirect.co.uk.Rumors were recently swirling about a possible IPO for HomeAway, but the company was quick to dismiss the possibility of a public offering this year. HomeAway also aired a SuperBowl commercial in January, which proved to be popular amongst viewers. CrunchBase InformationHomeAwayInformation provided by CrunchBase
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