Articles tagged “silverrail”

News Blog

The Complexity Headache That Expedia CEO Peter Kern Inherited in 1 Slide

Ever wonder about the daunting challenge that Expedia Group CEO Peter Kern inherited from predecessors Dara Khosrowshahi and Mark Okertstrom when Kern took the chief executive spot under Barry Diller in 2020? The pandemic notwithstanding, Expedia Group captured its infrastructure issues in one slide as part of an investor presentation at Cowen 50th Anniversary Technology,…

Mergers and Acquisitions

Siemens to Buy Rail Software Company Sqills for $650 Million

Sqills has won more contracts from railway operators to upgrade their inventory, booking, and ticketing software than any other tech vendor in recent years. So this acquisition makes sense.

Siemens to Buy Rail Software Company Sqills for $650 Million

Rail

Europe’s Rail Sector Could Fail as a Greener Travel Option Due to Its Outdated Tech

Rising interest in intercity train travel has been amplified by new European incentives that favor greener forms of travel, plus deregulation. But rail operators are hampered by their old IT systems, which aren't ready to sell to international travelers in the Google era.

Europe’s Rail Sector Could Fail as a Greener Travel Option Due to Its Outdated Tech

Rail

Expedia Group Sells SilverRail Back to the Rail Aggregator’s Management

SilverRail had become an afterthought in Expedia Group's plans as the online travel agency attempts to simplify its portfolio. SilverRail management, however, still believes in the promise of the sector.

Expedia Group Sells SilverRail Back to the Rail Aggregator’s Management

Rail

Eurostar Tech Update Signals Action in Once-Sleepy Rail Sector

There used to be only two ways for railways to make money: luck and state handouts. But that's changing, as countries look at privatization and as railways look to technology to streamline operations. Sqills and SilverRail are two tech vendors that smell an opportunity.

Eurostar Tech Update Signals Action in Once-Sleepy Rail Sector

Online Travel

Expedia Spent $148 Million to Buy SilverRail for Its Train Booking Tech

Expedia's purchase price for a majority stake in SilverRail was double the sum that SilverRail had raised from investors. The price tag was a multiple of the investment but not a stellar exit for shareholders.

Expedia Spent $148 Million to Buy SilverRail for Its Train Booking Tech

Rail

Expedia to Buy Rail Distributor SilverRail Technologies

Expedia recognized some time ago that it needed to wire up rail providers, particularly in Europe and Asia, and now it is securing a technology leader in the space for its portfolio of transportation solutions.

Expedia to Buy Rail Distributor SilverRail Technologies

Online Travel

Skift Backstage Podcast: SilverRail CEO on Tackling Trains in a Digital Age

The "train guy" has a lot to say about why rail travel is still hard to book — and how that might start getting easier.

Skift Backstage Podcast: SilverRail CEO on Tackling Trains in a Digital Age

Online Travel

Video: Travel’s Next Big Challenge Is Connecting Our Global Megacities

Rail and local connections usually get the short shrift in discussions of travel. Unless you're talking to SilverRail's Gowell, that is.

Video: Travel’s Next Big Challenge Is Connecting Our Global Megacities

Announcements

SilverRail Technologies CEO Says Travel Needs Seamless Booking Tools

The state of travel bookings is already complex and it's only going to get worse, says SilverRail CEO Aaron Gowell. To keep up, the industry needs a more comprehensive booking system.

SilverRail Technologies CEO Says Travel Needs Seamless Booking Tools