Human Resource Executive®, organizer of the HR Technology Conference & Exposition®, has increased its footprint in the Asian marketplace with the acquisition of Singapore-based HRM Asia Pte Ltd., a business unit of Diversified Communications.
HRM Asia, a multi-platform network providing an array of content to HR professionals of all ranks in Asia-Pacific, will globally expand the portfolio of HRE and its parent company, LRP Publications, in the region beyond its annual HR Tech China Conference. Assets attained include three events: HR Summit & Expo, Smart Workforce Summit and the HRM Asia Congress Series. It also includes the annual HRM Readers’ Choice Awards, HRM Magazine and digital content.
“As the leader in HR technology conferences and content, this acquisition is a logical progression in our global growth plan,” says Rebecca McKenna, vice president of global events and HRE‘s publisher. “It’s particularly exciting to deepen our relationships with multinational vendors and HR professionals who are seeking to expand their position across APAC.”
The HR Tech Conference, LRP’s flagship event in the HR technology space, is the world’s largest independent gathering dedicated to HR technology and its impact on organizations.
“The Asia-Pacific region is a prime source of business growth and qualified talent,” says Kenneth Kahn, president of LRP Publications and LRP Conferences. “It’s also a region that has been at the forefront of HR technology trends, especially in its adoption of mobile technologies. HRM Asia has been influential in providing this community with relevant thought leadership.
“This acquisition enables us to reach even more HR professionals, regardless of where they are in their career path, by delivering quality global content, locally.”
Diversified Communications’ Corporate Vice President Oakley Dyer adds, “These HR conferences and publications fit perfectly within LRP’s existing portfolio and the sale is part of our strategy to narrow our geographic focus, while still investing in new industries that complement our existing portfolio.”
HRM Asia will continue to operate under its own brand. Terms of the deal were not disclosed.