Events.com, a leading event technology platform, has announced the acquisition of key assets from Remo, an innovative virtual technology company known for its immersive digital environments for virtual events, webinars, and conferences. This strategic acquisition significantly expands Events.com’s product suite and customer offerings, positioning it to become an all-in-one solution for live, virtual, and hybrid events. The integration of Remo’s capabilities will empower event organizers to offer enhanced digital engagement and scale their events globally.

The Strategic Acquisition of Remo

Remo, recognized for its ability to create customizable, interactive virtual spaces, has facilitated over 3.5 million meaningful interactions across tens of thousands of events globally. By merging Remo’s immersive technology with Events.com’s platform, the acquisition will strengthen Events.com’s offerings and enhance its reach within the rapidly expanding virtual and hybrid events market.

Key Benefits of the Acquisition

• Immersive Virtual Event Technology: Remo’s customizable virtual environments will be seamlessly integrated into Events.com’s platform, enabling event organizers to host engaging virtual and hybrid experiences that foster authentic connections.

• Expanded Market Reach: This acquisition enhances Events.com’s presence in the growing virtual events market, projected to reach $157.96 billion by 2032. Events.com now offers a comprehensive platform that spans the full event lifecycle, including digital ticketing, marketing automation, sponsorship management, and virtual event technology.

• A Unified Platform for Event Organizers: The merger strengthens Events.com’s ability to provide end-to-end solutions for live, hybrid, and virtual events, offering more value to event creators and maximizing event revenue potential.

Words from the Leadership

Hoyin Cheung, Founder and CEO of Remo, commented,

“By joining Events.com, we’ll scale our mission of fostering genuine connections through immersive virtual environments and expand our capabilities within a broader event management ecosystem.”

Stephen Partridge, President and Co-Founder of Events.com, added,

“This acquisition marks a transformative step in our growth strategy, positioning us as a leader in the rapidly evolving virtual events market. We’re excited to offer a seamless integration of live, virtual, and hybrid event capabilities.”

Expanding in a Rapidly Growing Market

The global experience economy is projected to grow from $936 billion in 2024 to $1.8 trillion by 2029, with virtual events expected to experience CAGR of 20.0% between 2025 and 2030. This acquisition positions Events.com to tap into this significant growth, offering a fully integrated platform for both live and virtual events.

Integrated Event Solutions

Events.com stands out by combining the following features into one platform:

• Digital Ticketing: Fully branded ticketing pages with advanced inventory management.
• Marketing Automation: Tools for launching multi-channel campaigns in minutes.
• Sponsorship Management: Simplified sponsor outreach and activation tools.
• Virtual Event Technology: Immersive digital environments for networking and engagement.

Momentum Ahead of Public Listing

This acquisition aligns with Events.com’s upcoming public debut. The company’s business combination with Concord Acquisition Corp. II (OTCQX: CNDA) is expected to close in Q1 2025, providing capital to fuel future growth and acquisitions.

Looking Ahead

Events.com plans to continue its strategic expansion by seeking out further acquisitions and innovation opportunities. The company remains committed to enhancing event experiences for organizers and attendees through technology-driven solutions that anticipate the future of how people will connect at events.