Kayak Files for $50M IPO, Claims Google Threat

The high-flying travel search startup Kayak Software Corp. intends to go public with shares worth up to $50 million, according to an SEC filing, but faces a challenge from Google.

The Connecticut-based Kayak.com, which pulls in airfares, hotel prices and other travel-related search results from multiple sources such as Expedia and Orbitz, has been growing steadily since its launch in 2004. According to the document, the company processed 469 million travel searches in the first three quarters of 2010, an increase of 37% compared to the same period a year ago.

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