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Short Take: Expedia buys equity stake in Away.com

Expedia, an online travel service, said it has acquired an equity stake in Away.com, an adventure travel site. Expedia will sell airline tickets through Away.com, and Away.com will provide adventure-travel content to Expedia. Earlier this week, Expedia, a Microsoft spinoff, received a $50 million investment from venture capital firm Technology Crossover Ventures and another $10 million from Microsoft.

Expedia, an online travel service, said it has acquired an equity stake in Away.com, an adventure travel site. Expedia will sell airline tickets through Away.com, and Away.com will provide adventure-travel content to Expedia. Earlier this week, Expedia, a Microsoft spinoff, received a $50 million investment from venture capital firm Technology Crossover Ventures and another $10 million from Microsoft.