B2B events and media business CloserStill has acquired Data Centre World. The terms of the deal were not disclosed. Also included in the deal were related internet and data assets and Data Centre Management magazine.
Data Centre World was launched in 2008 by Turret Group. It is a free-to-attend data centre event aimed at helping data centre managers and professionals plan, implement and manage their existing and future data centre requirements. It was held in february this year at ExCel, London. This year’s event took place at ExCeL for the first time in February. It attracted 160 exhibitors and an attendance of 3,435.
Following the acquisition, CloserStill announced the launch of Data Centre World Asia this November, running alongside their existing Cloud Asia event in Singapore).
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.”
DCW joins CloserStill’s technology division which already includes Learning Technologies, Cloud Expo Europe and Cloud Expo Asia.
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 runs from 26th to 27th February 2013 at Excel.
- CloserStill Media’s new investment arm acquires Red Publishing Posted on April 20, 2011
- CloserStill Media launches an investment arm and made its first acquisition Posted on April 13, 2011
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