{ “title”: “Events.com Acquires Remo to Expand Hybrid and Virtual Event Capabilities”, “description”: “Event tech platform Events.com has acquired key assets from Remo, bolstering its offerings in the expanding market for virtual and hybrid events.”, “tags”: “Events.com, Remo, virtual events, hybrid events, event technology, acquisitions”, “rewritten_content”: “Events.com, a leading event technology platform, has announced the acquisition of key assets from Remo, a provider of immersive virtual environments for events, webinars, conferences, and online meeting spaces. This strategic move will significantly expand Events.com’s product suite and customer offerings.
“Remo was created to break down the limitations of traditional virtual interactions, fostering genuine connections and a sense of community, no matter where participants are located,” said Hoyin Cheung, Founder and CEO of Remo. “By joining Events.com and integrating our technology into its robust event management platform and industry-leading capabilities, we will be able to scale this mission further, offering event organizers powerful, people-centered tools to engage audiences in meaningful ways.”
Stephen Partridge, President and CO-Founder of Events.com, added, “This acquisition is a transformative step for Events.com. By uniting Remo’s interactive and customizable capabilities within the Events.com platform, we are expanding our reach into the $98 billion virtual events market while continuing to power innovation in live event management software. This positions us to provide unparalleled value to event creators seeking innovative solutions that save time and maximize revenue.”
Strategic Growth Through Acquisitions
The acquisition of Remo builds on Events.com’s history of strategic acquisitions. Since 2022, the company has acquired various technologies across ticketing, sponsorship management, marketing automation, and event discovery. These acquisitions have created a unified platform addressing multiple stages of the event lifecycle from planning to analysis.
Partridge further stated, “Each acquisition strengthens our ability to deliver innovative solutions that drive revenue growth while enhancing the attendee experience.”
Expanding in a Growing Market
The global experience economy is projected to reach $1.8 trillion by 2029. Within this landscape, the virtual events market is expected to grow at a compound annual growth rate of 20.0% from 2025 to 2030. The global virtual meeting software market was valued at $19.04 billion in 2023 and is forecast to reach $157.96 billion by 2032, growing at a CAGR of 26.5% in the forecast period.
Events.com’s expansion in this space positions it as a key player in both live and digital events. Unlike competitors that focus solely on video conferencing or ticketing solutions, Events.com offers a comprehensive integrated platform that combines:
- Digital Ticketing: Fully branded ticketing pages with advanced inventory management.
- Marketing Automation: Tools to launch campaigns across multiple channels.
- Sponsorship Management: Streamlined sponsor outreach features.
- Virtual Event Technology: Immersive environments for networking and engagement.
“By uniting live and virtual event capabilities under one roof, we are creating a platform that not only meets today’s demands but also anticipates how people will connect through events in the future,” said Partridge.
Public Listing
This acquisition occurs as Events.com prepares for its public debut following its business combination with Concord Acquisition Corp. II (OTCQX: CNDA). The transaction is expected to close in Q1 2025, providing substantial capital to fuel growth.
Partridge concluded, “Going public will enable us to accelerate our acquisition strategy while continuing to invest in innovation. We see tremendous opportunities ahead as we expand into new markets and deliver value to our customers.”
