Tekpon has acquired 100% of the The Next Web media and events brands, which cover and hold events around the European technology industry, from the Financial Times. Terms were not disclosed.
Alexandru Stan of The Next Web writes, “The transaction is Tekpon’s largest investment in media and events so far. It broadens the company’s reach across SaaS and AI and strengthens its role in the global innovation landscape.
“TNW’s brand and editorial standards will be maintained, while its events and digital platforms will be integrated into Tekpon’s wider strategy.
“The FT will continue to own and operate TNW Spaces, Amsterdam’s dynamic tech hub, offering private offices and coworking spaces that support a thriving community of startups, scale-ups, and innovators.”
Read more here.