Events.com Acquires Key Assets of Remo, Expanding into $98 Billion Virtual Events and Meetings Market

Strategic acquisition adds virtual and hybrid capabilities to the Events.com platform, expands geographic reach, expands meeting target market and more

Events.comthe industry’s leading event technology platform, announced the acquisition of key assets from Remo, a virtual technology product recognized for its immersive and interactive digital environments for events, webinars, conferences and perpetual online meeting spaces. This strategic move brings Remo’s technology and team into the Events.com ecosystem, significantly expanding its product suite and customer offering, providing enhanced digital engagement capabilities, and expanding the reach of the Events.com platform into new regions while further expanding its markets for hybrid events. , online webinars, hybrid conferences and even permanent online meeting spaces. The acquisition represents a significant milestone in Events.com’s growth strategy and allows the company to expand into the rapidly growing virtual and hybrid events market.

The acquisition enables Events.com to offer event organizers an all-in-one platform for live, virtual and hybrid experiences. Remo’s innovative technology creates customizable virtual spaces that encourage authentic connections and engagement. With tens of thousands of events powered by Remo and with participants worldwide, the product’s immersive experience fosters deeper connections, generating approximately 3.5 million meaningful interactions to date.

“Remo was created to break down the limitations of traditional virtual interactions, fostering real connection and a sense of community, no matter where participants are located,” he said. Hoyin Cheungfounder 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 further that mission and offer event organizers powerful, people-centric tools to engage audiences in meaningful ways.”

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By integrating Remo’s capabilities into its platform, Events.com will enable event organizers to deliver seamless and engaging experiences across all event formats.

“This acquisition is a transformational step for Events.com,” he said Stephen Partridgepresident and co-founder of Events.com. “By combining Remo’s interactive and customizable capabilities within the Events.com platform, we extend our reach to 98 billion dollars virtual event market while continuing to drive innovation in live event management software. This positions us to provide unique value to event producers looking for innovative solutions that save time and maximize revenue.”

History of strategic growth through acquisitions

The acquisition of Remo builds on Events.com’s proven strategic acquisitions to enhance its product offering and expand its market reach. As of 2022, the company has acquired several complementary technologies in ticketing, sponsorship management, marketing automation and event discovery. These acquisitions have enabled Events.com to create a unified platform that addresses multiple stages of the event lifecycle—from planning and promotion to execution and analytics.

“Our growth strategy is based on identifying opportunities where we can add value to both event organizers and attendees,” added Partridge. “Each acquisition strengthens our ability to deliver innovative solutions that drive revenue growth while enhancing the participant experience.”

Competing in a fast-paced market

The global experience economy is predicted to grow 936 billion dollars in 2024 up to 1.8 trillion dollars to 2029. In this environment, the virtual events market alone is expected to grow at a CAGR of 20.0% between 2025 and 2030. The global virtual meeting software market size was valued at USD 19.04 billion in 2023. It is expected to reach USD 157.96 billion by 2032, growing at a CAGR of 26.5% during the forecast period. (2024–2032).

Events.com’s expansion into this space positions it as a key player in both live and digital events – a unique advantage in an increasingly hybrid world. Unlike competitors focused solely on video conferencing or ticketing solutions, Events.com offers an integrated platform that combines:

• Digital tickets: Fully branded ticket site with advanced inventory management.
• Marketing Automation: Tools to launch multi-channel campaigns in minutes.
• Sponsorship Management: Simplified sponsor outreach and activation tools.
• Virtual event technology: An immersive environment for networking and engagement.

“By combining live and virtual event capabilities under one roof,” said Partridge, “we’re creating a platform that not only meets the demands of today, but also anticipates how people will connect through events in the future.”

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Momentum before the public listing

The acquisition also comes at a critical time for Events.com as it prepares for its public debut following its announced business combination with Concord Acquisition Corp. II (OTCQX: CNDA), a publicly traded special purpose company. Expected to close in Q1 2025, the transaction will provide significant capital to support the company’s growth initiatives.

“Going public will allow us to accelerate our acquisition strategy while continuing to invest in innovation,” he said Stephen PartridgePresident of Events.com. “We see tremendous opportunities ahead as we expand into new markets and bring value to our customers.”