UBM has bought the remaining 60.1% of eMedia Asia Limited off Global Sources Ltd, and are now the sole owners. This acquisition will add the China International Optoelectronic Expo (CIOE) to UBMs portfolio of events in China, and complements UBMs existing offerings in Asia for the electronics community. CIOE is due to take place between August 31 to September 3 in at the Shenzhen Conference & Exhibition Centre, China.
Tim Cobbold, CEO of UBM plc, said “We are delighted to bring eMedia Asia fully into the UBM stable. The China International Optoelectronic Expo runs annually in Shenzhen and is one of the top tradeshows in our Chinese portfolio. CIOE is a world-renowned event bringing the most advanced optoelectronics technologies and innovations to thousands of visitors. Established in 1999, it is now the largest show of its kind in the world. With a strong bond built over the years with companies and professionals in the field of optoelectronics, CIOE is set to deliver profitable growth in the years ahead.”