Events.com, a leading event technology platform, has announced the acquisition of key assets from Remo, a cutting-edge virtual technology product known for its immersive and interactive digital environments. This acquisition enhances Events.com’s offerings, integrating Remo’s innovative capabilities into its platform, and positions the company as a stronger player in the rapidly growing virtual and hybrid events market.
With this strategic move, Events.com expands its reach across various event formats, including hybrid events, webinars, online conferences, and perpetual meeting spaces. This milestone accelerates the company’s mission to provide comprehensive solutions for event organizers seeking to engage audiences through live, virtual, and hybrid experiences.
Leveraging Remo’s Innovative Technology
Remo’s platform specializes in creating customizable virtual spaces designed to foster authentic connections and meaningful interactions. Having powered tens of thousands of events globally, Remo has facilitated over 3.5 million interactions, enabling organizers to deliver exceptional attendee experiences.
Also Read: Zuora Makes a Definitive Agreement to be Taken Over by Silver Lake and GIC For USD 1.7 Billion
“Remo was created to overcome the limitations of traditional virtual interactions, fostering genuine connections and community,” said Hoyin Cheung, Founder and CEO of Remo. “Joining Events.com allows us to scale this mission, offering event organizers robust tools to engage audiences in meaningful ways.”
The integration of Remo’s capabilities within Events.com’s platform empowers organizers to deliver seamless, immersive experiences, regardless of format.
Driving Innovation in Event Technology
“This acquisition represents a pivotal step for Events.com,” said Stephen Partridge, President and Co-Founder of Events.com. “By integrating Remo’s interactive technology into our platform, we are unlocking new opportunities in the $98 billion virtual events market. This move underscores our commitment to providing innovative solutions that enhance attendee engagement, save time, and maximize revenue for event creators.”
A Proven Track Record of Strategic Growth
The acquisition of Remo builds on Events.com’s history of leveraging strategic acquisitions to drive growth and innovation. Since 2022, the company has expanded its product suite by acquiring technologies in areas such as ticketing, sponsorship management, marketing automation, and event discovery. These integrations enable Events.com to support the entire event lifecycle—from planning to execution and analysis.
“Our growth strategy focuses on creating value for both organizers and attendees,” Partridge added. “Each acquisition strengthens our platform, making it a go-to solution for managing events and enhancing experiences.”
Capitalizing on Market Trends
As the global experience economy grows—projected to reach $1.8 trillion by 2029—the virtual events market is set to play a significant role. With an estimated compound annual growth rate (CAGR) of 20.0% from 2025 to 2030, Events.com is well-positioned to capture this opportunity.
Unlike competitors that focus solely on video conferencing or ticketing, Events.com offers an integrated platform that includes:
- Digital Ticketing: Branded ticketing pages with advanced inventory controls.
- Marketing Automation: Multi-channel campaign tools for effortless promotion.
- Sponsorship Management: Streamlined tools for sponsor outreach and activation.
- Virtual Event Technology: Immersive environments for networking and engagement.
“By combining live and virtual event capabilities under one platform,” Partridge said, “we’re not just meeting current demands—we’re anticipating how people will connect in the future.”
Momentum Toward a Public Listing
The acquisition comes at a critical moment as Events.com prepares to go public via a merger with Concord Acquisition Corp. II (OTCQX: CNDA), a special purpose acquisition company. Expected to close in Q1 2025, the transaction will provide significant capital to accelerate Events.com’s growth initiatives.
“Going public will allow us to expand our acquisition strategy and continue investing in innovation,” Partridge noted. “We’re excited about the opportunities ahead as we expand into new markets and create unparalleled value for our customers.”
Leave a Reply