NEEDHAM, Mass., Feb. 13, 2019 /PRNewswire-PRWeb/ -- Cambridge Innovation Institute (CII) is pleased to announce the acquisition of the Boston operations of London based Vinelake Ltd. which includes four annual Internet of Business (IoB) events in the U.S., consisting of IoTBuild, Internet of Insurance and two on Internet of Manufacturing.
Phillips Kuhl, President, Cambridge Innovation Institute, says, "We are delighted to be able to add the Internet of Business' very successful and vertically focused events to CII's expanding portfolio. We expect there to be particularly good synergy with our recent entry into coverage of developments in artificial intelligence with the acquisition last year of AI World. The addition of Internet of Business U.S. will support CII's move to cover important developments across a series of strategic applications for digital and smarter transformation of more and more industries. I look forward to bringing together CII's deep experience with conferences to new industry segments, while also learning from Internet of Business U.S. more about their hosted buyer business model. All of us at CII are excited about this new venture and look forward to welcoming the IoB team."
"We are really positive that Vinelake's U.S. events have been acquired by Cambridge Innovation Institute. In two brief years we have managed to grow a series of quality technology conferences in the exciting and dynamic IoT and Data sector. We firmly believe that now with the backing of CII these events will continue to grow and achieve their full potential to become significant meetings for the vertical markets they serve." Mark Steel, Chairman, Internet of Business.
"Internet of Business was born from a drive to deliver quality content and networking opportunities, to forward the advancement of various US industries through technology adoption. The Internet of Business events are designed to help each market sector understand how IoT, AI, Data and Edge Computing are affecting their industry and their jobs today and tomorrow. Led by end user case studies presenting real-life insights into the practical application of technology by business and technology leaders, our IoT events arm the attendee with invaluable knowledge to transform their business. We are therefore extremely pleased to now be part of Cambridge Innovation Institute, a leader in the events, training and publishing worlds, recognized for delivering high-level content and building event communities. Our Boston team is excited to explore the synergy between Internet of Business' events and CII's AI, health, life science and rechargeable battery portfolios." Lucy Ashton, Managing Director, Internet of Business USA.
The Boston office of Internet of Business (IoB) USA will remain open, and the employees within that location have been retained.
During the acquisition, Cambridge Innovation Institute was represented in the transaction by John McGovern of Grimes, McGovern & Associates of New York.
About Cambridge Innovation Institute (http://www.CambridgeInnovationInstitute.com)
A vision since 1992: Cambridge Innovation Institute (CII) delivers cutting edge information through events, publishing, and training to leading commercial, academic, government and research institutes across the life science and energy industries. Cambridge Innovation Institute consists of three business areas: our coverage of advances in life sciences under the well-established Cambridge Healthtech Institute (CHI) brand, coverage of rechargeable batteries and related technology and applications under the recently established Cambridge EnerTech (CET) brand, and additional digital technology under the broader Cambridge Innovation Institute brand. All of our efforts focus on segments and applications where high technology is critical and where research and development are essential for the advancement of innovation.
About Internet of Business (IoB) (http://www.InternetofBusiness.com)
Internet of Business (IoB) takes a vertical-focused approach to covering how Internet of Things technologies are impacting the enterprise and technology space – providing breaking news and detailed analysis on a range of sectors. The IoT age is upon us and businesses of all sizes need insight into how it's changing the way we live and work, making companies of all sizes more efficient, productive and profitable.
Contact:
Lisa Scimemi
Corporate MARCOM Director
[email protected]
SOURCE Cambridge Innovation Institute
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