Questex, the B2B information and events company, has acquired the assets of Digital Signage Expo. Exponation LLC, the parent company of Digital Signage Expo, had filed for Chapter 7 bankruptcy late last year. Questex has acquired the rights to the live and digital assets including all trademarks, tradenames, websites, domain names, databases as well as customer, vendor and attendee lists. Questex says it will announce the go-forward strategy for these assets in the near future.
Questex operates in the hospitality, travel, life science, healthcare and tech markets, is owned by New York-based asset manager MidOcean Partners. According to Grand View Research Inc. the global digital signage market could grow to US$31.71bn by 2025.
The Digital Signage Expo acquisition builds on Questex’s recent acquisition of LDI, which connects design, technology and production to the live audience experience. Questex’s Technology assets also include Sensors Converge, StreamTV Show and Fierce Electronics.
Questex CEO Paul Miller commented: “We’re starting 2021 in a very strong position with the right people, the right products and the right processes. Digital Signage Expo complements our portfolio perfectly and… we hope to build upon the past success of the brand to connect suppliers with buyers across this very exciting market.”