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July 5, 2011 08:16 pm GMT

iStopOver Acquires Vacation Rentals Site Vacapedia

Exclusive - Fairly big news from the Canadian accommodation rentals space today: we've learned that iStopOver has acquired Vacapedia, a one-stop-shop site for vacation rentals and short-tem accommodations. The deal size was not disclosed, but the transaction is part stock, part cash.iStopOver is essentially acquiring Vacapedia's assets, its global inventory and its distribution network. Ashwin Kedia, CEO of Vacapedia, will serve as an advisor to the company.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/45ZTVxRUiYc/

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