TripIt is a mobile trip organizer company that is run by Concur Technologies, Inc. (NASDAQ:CNQR). TripIt has recently launched an application for the Kindle Fire. The TripIt Kindle Fire app lets you organize important trip details like confirmation numbers, maps, and directions.

Mobile travel application and expense management company TripIt has announced that they have been acquired for $120 million by Concur Technologies, Inc. (NASDAQ:CNQR). Concur bought TripIt for $27 million in cash, $44 million in stock, and $38 million in cash contingency. TripIt’s employees will remain in San Francisco.

“At TripIt, we think technology should make your travel experience simpler, not more complex,” states the single paragraph on the homepage of TripIt.com.  TripIt is based in San Francisco and was founded by Gregg Brockway, a Hotwire.com co-founder and Exec VP for Corporate Development.

The company announced a couple days ago that it has raised $1 million in Series A funding from O’Reilly AlphaTech Ventures.  The announcement was originally found on PE Week.

[Information Source: VentureBeat]