Leading event management technology company, Evenesis has finalized the acquisition of Txtsy Sdn Bhd which is a Malaysian technology startup in the field of fully integrated online and offline event management. Following that, Txtsy is now a wholly owned subsidiary of Evenesis.
The acquisition by Evenesis is part of a strategy to fill a void in the business events industry. Through it, a comprehensive solution for the organization of online and offline business events will be offered that includes the organization of internal conferences up to large-scale trade fairs.
In the meantime, this acquisition is also expected to allow Evenesis to further expand its wings in the region. In addition to providing better quality, efficient and sustainable services through the combination of experience in the industry owned by both companies.
Meanwhile, Evenesis is also planning to add more regional partners in the next few years. In addition, it will also continue to improve the existing event organizing experience by incorporating machine learning and augmented reality (XR) components that will eventually lead to the integration of Metaverse.