Opus Origin has acquired WHD Event GmbH, the organiser of major Cloud and Hosting events, to strengthen its portfolio and leverage its expertise in the industry.
Target Company Information
WHD Event GmbH, located in Cologne, is the organiser of CloudFest, recognized as the world's largest event dedicated to the Cloud and Hosting industry, attracting over 9,000 international visitors annually at Europa-Park in Rust. Additionally, WHD Event GmbH hosts the MSP Global event for managed service providers, which is scheduled for October 2024 at Port Aventura near Barcelona, following the successful launch event at Nürburgring in 2023. The company's portfolio also includes NamesCon, the largest event in the domain industry, and CloudFest USA, both held annually in the United States.
Industry Overview in Germany
The Cloud and Hosting industry in Germany has experienced substantial growth in recent years, fueled by increased digital transformation initiatives across various sectors. As organizations continue to migrate to cloud-based solutions, the demand for events that facilitate networking and knowledge sharing has surged. Germany, with its robust infrastructure and technological advancement, serves as a hub for Cloud and Hosting discussions, making it an ideal location for major industry events.
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Furthermore, despite the challenges posed by the COVID-19 pandemic, the industry has rebounded strongly. Events like CloudFest have not only retained their status but have also expanded their influence by i
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Opus Origin
invested in
WHD Event GmbH
in 2023
in a Strategic Partnership deal