Expedia is an American online travel company based in Seattle, Washington. Microsoft founded Expedia in 1996 and spun it off in 1999. In 2001, InterActiveCorp (IAC) acquired a controlling stake for around $1.5 billion.
IAC bought out Microsoft in 2003 and integrated Expedia into its IAC Travel division. Two years later, IAC spun off Expediawith its entire travel portfolio, including Egencia, TripAdvisor, Classic Vacations, Hotels.com, and Hotwire.com.
In 2011, Expedia spun out TripAdvisor….