LONDON – Informationthe largest owner/operator of business-to-business events, announced exclusivity of the acquisition HIMSS Global Health Conference and Exhibitionthe leading international exhibition for healthcare technology and information management systems, within its healthcare technology offerings, and has acquired Canalys within its specialized technological research activity.
This comes just four months after the acquisition of Informa Tarsus which owned and operated a portfolio of more than 160 live and on-demand business-to-business event brands and Winsight in May, which significantly expanded its position in the business-to-business catering market with trade fairs such as the National Restaurateurs Association Trade Fair and Hotel-Motel Lounge.
According to Informa’s 2023 half-year results, the company delivered underlying revenue growth of 31.9% and underlying adjusted operating profit of 65.5%. Driven by volume and value growth from recent acquisitions and the company’s strong performance, the company will be at the upper end of its 2023 market guidance range for both group adjusted operating profit and reported group revenue.
Related. Informa Expected to Surpass 2019 Revenue Levels in 2023
HIMSS Agreement
Informa has exclusive rights to the HIMSS acquisition, which will occur in March 2024 and will attract more than 35,000 healthcare professionals from over 90 countries. The Trade Show Executive’s (TSE) long-standing Gold 100 show attracts more than 1,200 exhibitors and offers more than 200 educational sessions that cover innovations and trends in the healthcare information and technology industry.
HIMSS is classified in TSE Gold 100 15 times, in each edition of the Gold 100, and four times in the The 50 fastest for the exhibition years 2015, 2014, 2012 and 2011.
The 2021 edition of HIMSS ranked in the Gold 100 with 320,496 net square feet, 693 exhibitors and 25,034 total attendees. HIMSS is also a Gold 100 honoree for the 2022 edition.
HIMSS won three Gold 100 Grand Prix:
Salon 2021: The stickiest salon
Salon 2014: Most innovative salon
Salon 2010: Most innovative salon
Acquisition of Canalys
The Canalys agreement results in Information technology Canalys has become the world’s largest channel research and consulting group with a global vision of the mobility market. Canalys is a global market research and events firm on channel and mobility technologies.
“Channel and mobility are two incredibly exciting areas for our industry, where technology, supply chains and marketing methods are constantly evolving. Over 70% of all commerce technology is sold through channel, which is why they are critically important to our clients,” said Gary Nugent, CEO of Informa Tech. “Our mission with our Omdia research group is to connect the dots for our clients across the technology landscape and Canalys brings leading insight into the channel and mobility markets globally while allowing us to strengthen our presence in Asia. We also have the opportunity to accelerate global networking opportunities for our channel clients by combining Canalys events with our leading event brand distribution partners.”
Expansion in the Middle East
Expansion in the Middle East will be accelerated, as Informa also announced that Event Investment Fund acquired a stake in Tahalufthe joint venture between Informa and the Saudi Federation for Cybersecurity, Programming and Drones (SAFCSP).
Events Investment Fund, part of Saudi Arabia’s National Development Fund, said it bought the stake in Tahaluf to develop “sustainable infrastructure for the culture, tourism, entertainment and sports sectors” in the country.
The joint venture between SAFCSP and Informa supports the Saudi government’s “Vision 2030” plan to diversify its economy.
Tahaluf’s inaugural event, LEAP, was the largest tech event launch ever. Tahaluf has since hosted established brands in cybersecurity, including Black Hat, and in property construction with Cityscape Global.
To say that Informa is a trade show giant is an understatement, with shows such as The world of concrete, Western Natural Products Fair, Medical Design & Manufacturing (MD&M) West, The International Surface Exhibition (WEAVE), WWETT – Water and Wastewater Equipment, Treatment and Transportation Exhibition, SupplySide West and Food Ingredients North America, Waste Expo, ISSA North America Show, MRO Americas AVIATION WEEK Network Conference and Exhibition, Eastern Natural Products Show/BIOFACH America, International Roofing ExhibitionAnd International Swimming Pool | Spa | Terrace Exhibitionco-located with Terrace exhibition.
Informa Markets Fashion includes MAGIC Las Vegas in August, MAGIC Las Vegas in February and COTERIE New York in February. Its Premiere Show group includes Premier Orlando and USA Beauty includes Cosmoprof North Americaowned by Informa Markets in a joint venture.