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Sun Shines On Meetings Data Collection: New U.S. Law Requires Pharmaceutical Firms To Document Some Expenses12/04/2013After more than a half-decade of delays, key provisions of the U.S. Physician Payments Sunshine Act formally became law on Aug. 1, bringing ramifications for many meeting managers. A measure designed to increase transparency of financial relationships between doctors and pharmaceutical and medical ...
Cvent Plans To Up Tech, R&D Investments11/13/2013Meetings technology firm Cvent through 2014 plans to "invest heavily" in sales and marketing and research and development, and extend what executives late Tuesday called the company's "disproportionate share" of the corporate strategic meetings management market.
The Active Network reported third-quarter revenue of $118 million, up from $109 million last year10/31/2013
Private Equity Firm To Acquire Active Network09/30/2013Private 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, was unanimously recommended by Active's board of ...
StarCite Parent Active Network Evaluating Alternatives, Including Possible Sale08/02/2013Technology 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," Active announced late Thursday.