HomeAway Expands Asia Pacific Presence With Acquisition of Asian Vacation Rental Start-Up, travelmob
AUSTIN, TX — (Marketwired) — 07/16/13 — (NASDAQ: AWAY), the world-s leading online marketplace for vacation rentals, has signed an agreement to acquire majority control of , an online start-up for vacation rental properties in Asia Pacific. The all-cash transaction is expected to close in a few weeks and following the closing, the travelmob management team will retain a 37 percent share of the business and continue to operate as an independent brand from its Singapore headquarters. For the