equity firm Vista Equity Partners on Monday announced an agreement to acquire
technology company The Active Network, owner of meetings tech provider StarCite.
The companies indicated that the all-cash deal is worth about $1.05 billion,
In spurring his company's
preferred meetings management technology provider and online booking tool to
integrate, Siemens' Steven Schoen helped make the often-slippery process of
calculating meetings spending all but transparent. That gave department...
technology firm Cvent this week in its first quarterly earnings report as a publicly
traded company posted $26.9 million in second-quarter revenue, up 36 percent
year over year. Platform subscription revenue, including strategic meetings
Industry veteran George Odom in July returned to Advito, the
consulting arm of BCD Travel, to fill the newly created position of vice
president of integrated travel and meetings. His 35-year career in travel
sourcing and meetings management included...
The ubiquity of mobile devices among corporate meeting
attendees and increasing corporate acceptance of mobile apps as a vehicle to
disseminate information together are fueling what is perhaps the most rapidly
expanding sector of the corporate meetings...
a mature U.S. strategic meetings management program is one of the most complex
meetings-related maneuvers a company can attempt. Organizational structures,
approval processes, site-selection practices and the use of technology are
Carlson Rezidor in the coming months will roll out a new
global meetings program with revamped meeting space and technology offerings at
Companies that comply with federal and
regulatory expenditure-reporting practices, whether they need to or not,
realize more strategic meetings management cost savings than companies that don't,
according to a study conducted by research firm The Aberdeen...
Hilton Worldwide recently launched an online portal for
booking and managing meetings, including a tool for submitting electronic
requests for proposals.
Marriott International is adding sales resources to
boost large group sales at its largest hotels as demand growth continues to lag
transient growth, president and CEO Arne Sorenson said in the company's
second-quarter earnings conference call on Thursday...
firm The Active Network, owner of StarCite, has formed a committee of its board
of directors to evaluate "expressions of interest from outside parties
ranging from an investment in Active Network to an acquisition of the company,"
technology supplier Cvent on Monday filed with the U.S. Securities and Exchange
Commission a registration statement for an initial public offering of its stock.
After two years of research and investment,
Brussels-based Global Videoconferencing Network has launched an online booking
platform for virtual meeting rooms that enables direct bookings as well as
those via corporate tools and travel management companies...
technology today is big business. No longer a horde of little suppliers
fighting for a small number of interested corporate customers, the sector has
evolved into a prominent, reasonably stable pillar of the corporate meetings
Canadian mobile meetings technology firm QuickMobile this month secured a C$3.2 million round of financing, its second such round in the past seven months. CEO Patrick Payne said the funds will support what he described as the company's rapid growth following...