Expedia wants to be strong on rails too: Expedia management has acquired a majority stake in SilverRail, a rail technology distributor. The first collaboration between the two companies began in 2010 with Expedia's corporate travel brand Egencia using SilverRail's corporate services.
The collaboration between the two companies was expanded at 2016 when Expedia announced that SilverRail would use the technology platform to sell rail tickets from Expedia.co.uk.
Pointing out that SilverRail has a bright future, Expedia CEO Dara Khosrowshahi said, uz We are excited to include the company's talented team into the Expedia family. One of our primary goals is to bring rail supplies online. Thanks to this acquisition, we are also taking advantage of SilverRail's years of experience, providing our passengers with a wide range of products that are diverse worldwide. ”
Aaron Gowell, Managing Director of SilverRail Technologies, recalled that Expedia believes in the intention of maximizing the railroad experience. It will be bigger and stronger if we walk together. Taking advantage of Expedia's strategic, financial and operational power will play a key role in our success. ”
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