CloserStill aquisition of Data Centre World
24 June 2013
CloserStill further strengthens its tech sector portfolio with the acquisition of Data Centre World 26-27 February, 2014, ExCel, London
CloserStill , the fast-growing B2B events and media company today announced its acquisition of the Data Centre World event for an undisclosed sum. Also included in the deal were related internet and data assets and Data Centre Management magazine.
Data Centre World, launched in 2008 by Turret Group serves the U.K. data centre market -- the largest in Western Europe -- currently investing in its facilities at a rate of around $3 billion a year --has enjoyed six consecutive years of revenue and attendance growth. This year`s event – taking place at ExCeL for the first time in February - attracted over 160 exhibitors and a record attendance of 3,435.
The company also unveiled a new brand identity for Data Centre World [DCW], the first stage of a multi-faceted investment programme that will include a revamped website, social media tools and a digital platform commensurate with DCW`s market leading status and the tech savvy community it serves; more independently programmed content; heavy investment in marketing and audience generation and a new customer service team to support the existing management who will be staying with the business.
Following the acquisition, CloserStill immediately announced the launch of Data Centre World Asia this November, running alongside their existing Cloud Asia event (13-14 November 2013, Suntech Exhibition Centre, Singapore).
CloserStill are also promising some further strategic developments, the first of which is expected to be announced next week.
According to Andy Center, Chief Executive of CloserStill, Data Centre World is extremely well positioned for further substantial long-term growth: “ It`s hardly a secret that the data centre market is in commercial over-drive, powered by the geometric growth in demand due to a whole series of irreversible factors including more powerful computers, more connections to the internet, an explosion of data, new cloud computing models, the mobile revolution and even regulatory issues requiring massive uplift in storage capacity.”
“Most importantly, this is not a boom or a bubble, it’s a strategic shift. DCW is here for the long run.”
DCW joins CloserStill’s technology division which already includes Learning Technologies (www.learningtechnologies.co.uk), the largest e-learning event in the world, the multi-award winning Cloud Expo Europe event in London (www.cloudexpoeurope.com) and its sister event in Singapore (www.cloudexpoasia.com).
Ian Garmeson, MD of Turret Group commented: “ We have taken Data Centre World from its humble beginnings in the Barbican and built it into Europe’s largest dedicated Data Centre event. I believe Andy’s future plans for the event both in the UK and around the world will take it to the next level and create a “must attend” event for the whole of the data centre industry”
John Duggan, the new Event Director for DCW was full of praise for the team that has built DCW: “DCW`s outstanding track record speaks for itself – I am really looking forward to working with Peter Herbert and John Hatcher to see how far we can take this great show”.
This is the second acquisition CloserStill has completed this year, along with six major launches in three countries, as the business continues to execute its rapid expansion plans through acquisitions.
Data Centre World 2014 (www.datacentreworld.com) runs from 26th to 27th February 2013 at Excel.
About CloserStill
CloserStill Media – often described as the fastest growing business media company in the UK - specialises in high-value, content-driven events and the nurturing of B2B or professional communities. The company operates chiefly in the healthcare and technology markets. CloserStill`s portfolio includes some of the UK’s fastest-growing and often award winning events including Learning Technologies, Cloud Expo Europe, The Pharmacy Show and The London Vet Show. In the last three years |CloserStill has been repeatedly recognised as a leading innovator with its teams and events winning multiple Awards including Best Marketing Manager – three times in succession – Best Trade Exhibition, Best launch, |Rising Star and Management Team of the Year.
Press enquiries: Andy Center, CEO, CloserStill – [email protected], tel 07803 078 231
Sales enquiries: John Duggan, Event Director, Data Centre World – [email protected], tel 020 7348 5276