Having reported on the demise of the Digital Signage Expo last September, Installation understands that new hope for the resurrection of the event appears to be within reach after news that Questex, owner of Live Design International (LDI), has acquired the assets of Digital Signage Expo (DSE). According to Questex, the acquisition complements its business and growth strategy including both acquisition and organic growth in the experience economy.
The DSE was closed in September last year after the organiser, 2020 Exponation, filed for bankruptcy having twice postponed the Vegas show from its original March dates. A report from Inividis Consulting at the time said that the closure marked the end of an important chapter in the North American digital signage market but that the show had “visibly lost importance in recent years” pointing to a decrease in the numbers of visitors and exhibitors attending the show each year.
Questex, owned by MidOcean Partners, has reportedly acquired the rights to the live and digital assets including all trademarks, tradenames, websites, domain names, databases, and customer, vendor, and attendee lists. The company is set to reveal further details in due course.
“We’re starting 2021 in a very strong position with the right people, the right products, and the right processes. We’ve created a strong foundation and strategy that is incredibly relevant to the disruptive trends currently in the market,” said Questex CEO Paul Miller. “Digital Signage Expo complements our portfolio perfectly, and we’re excited for the opportunity to grow these properties as part of the Questex family. We hope to build upon the past success of the brand to connect suppliers with buyers across this very exciting market.”