This ends the short life of Kayak as a public company -- it just finished its first post-IPO quarter. Priceline will gain a great online and mobile team to build its portfolio and will put muscle ...

At a travel conference a handful of years ago, Priceline CEO Jeffery Boyd disparaged the value proposition of metasearch in travel, but today Priceline agreed to buy Kayak for $1.8 billion.

Only extreme kayakers tend to purchase kayaks because their bulky size makes it difficult to transport. Pakayak is the new kayak design that can transform small enough to fit in your backpack.