TravelWorm acquires nPorta’s travel technology assets
September 24, 2007 | Online Travel
TravelWorm has acquired the travel technology assets of nPorta, Inc., which include an internet booking engine, TravelASP, which powers in excess of 200 travel websites for third parties along with a newly developed hotel booking module and a meta search platform, FareQuest.com.
TravelWorm, Inc., a web destination for casino and leisure travel across the United States, has acquired the travel technology assets of nPorta, Inc. The nPorta assets include an established internet booking engine, TravelASP, which powers in excess of 200 travel websites for third parties along with a newly developed hotel booking module and a meta search platform, FareQuest.com. The acquisition accelerates TravelWorms expansion into becoming a full service online travel agency offering a wide array of both travel content and packages.
“This acquisition enhances our ability to offer customers complete travel experiences,” says Benjamin Rafter, CEO of TravelWorm. “From a food and wine vacation in Napa to a weekend in Las Vegas, the combination of nPortas technology and TravelWorms dynamic packaging platform will give us the ability to sell travel in completely new ways. TravelWorm is growing rapidly and nPorta, which has been used in the market place for several years, will further facilitate this growth.”
Also commenting on the sale was Matthew Krieg, nPortas President. “This acquisition enhances value for both parties. TravelWorm and nPorta have complementary technologies and the marriage of TravelWorms hotel knowledge with nPortas air technology will allow us to offer a full suite of products to our customers. We have always felt nPortas value would be maximized if it was owned by an online travel agency as the technology is easy to adapt and implement. We believe the implementation of the nPorta technology into TravelWorms online properties will quickly provide Travelworm the tools its needs to be a full service OTA and gain access to markets and distribution that it could not previously reach.”
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