Tuesday, March 9, 2010

HomeAway Buys South American Vacation Site

Austin-based HomeAway said Tuesday that it has made another acquisition, this time of a South American vacation rental site. HomeAway said it acquired Qualimídia Veiculação e Divulgação Ltda, publisher of AlugueTemporada.com.br, which operates a vacation rental site in Brazil. Financial terms of the acquisition were not disclosed. HomeAway said that AlgueTemporada.com.br will continue to operate as an independent brand.