Events.com Expands Platform with Remo Acquisition, Targeting Virtual and Hybrid Events
LA JOLLA, Calif., January 8, 2025 /PRNewswire/ — Events.com, a leading event technology platform, has acquired key assets from Remo, a recognized provider of virtual event technology. This strategic move integrates Remo’s innovative virtual environment capabilities into Events.com’s existing platform.
This acquisition represents a significant step for Events.com, enabling its expansion into the rapidly growing virtual and hybrid events market. The deal broadens Events.com’s product offerings, extending its reach across various event formats, including hybrid events, online webinars, and perpetually online meeting spaces. The company now offers an all-in-one platform designed for both live, virtual, and hybrid event experiences.
Remo’s technology creates customizable virtual spaces designed to encourage authentic connections and engagement. The platform has facilitated tens of thousands of events with participants worldwide, generating approximately 3.5 million meaningful interactions to date.
“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.”
“This acquisition is a transformative step for Events.com,” said Stephen Partridge, President and Co-Founder of the company. “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 Acquisition
The integration of Remo’s tools builds on Events.com’s established record of acquisitions. Since 2022, the company has acquired several complementary technologies across ticketing, sponsorship management, marketing automation, and event discovery. This integration has formed a unified platform, addressing all stages of the event lifecycle.
“Our growth strategy is rooted in identifying opportunities where we can add value for event organizers and attendees alike,” Partridge added. “Each acquisition strengthens our ability to deliver innovative solutions that drive revenue growth while enhancing the attendee experience.”
Market Opportunity
The overall experience economy is predicted to grow to $1.8 trillion by 2029, increasing from $936 billion in 2024. The virtual events market is expected to increase with a CAGR of 20.0% from 2025 to 2030. The global virtual meeting software market was worth $19.04 billion in 2023 alone and is anticipated to reach $157.96 billion by 2032, growing at a CAGR of 26.6% during the forecast time-frame (2024–2032).
Events.com is well-positioned to be a leader in both live and digital events, a distinction in an increasingly hybrid world. Unlike competitors, Events.com offers an integrated platform combining digital ticketing, marketing automation, sponsorship management, and virtual event technology.
“By uniting live and virtual event capabilities under one roof,” Partridge said, “we are creating a platform that not only meets today’s demands but also anticipates how people will connect through events in the future.”
Public Listing
This acquisition occurs at a critical time for Events.com as it prepares to go public following its business combination with Concord Acquisition Corp. II (OTCQX: CNDA), a publicly traded special purpose acquisition company. The transaction is expected to close in Q1 2025 and will provide capital for continued company growth and innovation.
“Going public will enable us to accelerate our acquisition strategy while continuing to invest in innovation,” said Stephen Partridge. “We see tremendous opportunities ahead as we expand into new markets and deliver value to our customers.”
Future Plans
Events.com aims to continue exploring opportunities that align with its vision of becoming the go-to platform for all event needs. The company is focused on solutions designed to provide exceptional value for event creators while also enhancing the attendee experience through its tech-driven solutions.
For more information about Events.com or its latest offerings, visit Events.com.
About Remo
Remo is a virtual event platform that creates immersive, digital experiences to foster strong connections and engagement. Used for global conferences and networking, Remo offers innovative “walk-around” functionality that mirrors the feel of in-person events. The platform is trusted by many leaders and has powered tens of thousands of events worldwide.
About Events.com
Events.com has a full marketplace and platform to help people create, promote, discover, and enjoy events. Events.com’s platform facilitates event execution and allows event attendees to find and experience events. Supporting millions of event creators worldwide, Events.com has a robust ecosystem that supports many interests.
For additional information, please visit events.com.
