SilverRail nabs most of Linkon, the Swedish train booker
SilverRail Technologies, a business-to-business platform for train ticketing, has acquired 75% of Linkon, which powers the online retailing of Swedish trains.
The 110-employee company does about $30 million equivalent in turnover a year on about 100,000 reservations a day.
Linkon was a wholly-owned subsidiary of the SJ Group, Sweden’s national railway operator running mostly long-distance routes. SJ retains a 25% stake.
The Linkon acquisition gives SilverRail insight into inventory, supplier IT, and mobile ticket delivery–aspects of the value chain that are complementary with SilverRail’s specialties in search.