Euromoney invests in Layer123

 

DH Design’s long-term client, Layer123, has joined forces with Euromoney Institutional Investor PLC. 

Layer123 is pleased to announce that Euromoney Institutional Investor PLC has taken a majority stake in the company, with an option to purchase the rest of the shares in Layer123 over the next three years.

Co-Founders Robert Jones – Managing Director and Mark Lum – Market Lead, will continue to direct the organisation for at least the next three years. The core team will grow with the addition of marketing, operations and sales resources – promising an even more responsive and productive service.

The investment by Euromoney – which already owns a number of high quality information platforms in the telecoms space, including TelCap (the market leader in the carrier global capacity marketplace) – is very good news for Layer123’s customers, placing the company on a secure footing for the future and supporting the further growth of its market leading industry platform, allowing it to deliver an even more comprehensive market coverage and reach.

Launched in 2010 and run exclusively by its founders, Layer123 has consistently outperformed its competitors in its area of specialisation – telecoms network innovation – delivering market leading knowledge exchange events in Europe, USA and Asia, in the SDN, NFV, MANO, NG-OSS, Optical Networking, Microwave, Mobile Core, Backhaul and Access Networking markets. With over 3,000 delegates attending its market leading SDN and NFV World Congress program in 2016, the company will continue to deliver the highest quality – industry-driven – agendas in its focus markets, while expanding its portfolio in a measured and judicious manner.

“Layer123 has built an enviable reputation for quality, insight and collaboration over the past 7 years” said Robert Jones, Managing Director of Layer123 “We look forward to delivering even more value to our many customers and partners with the professional infrastructure that Euromoney provides. Mark and I will continue to manage the company in a market-sensitive manner to ensure that all of our customers and partners gain the maximum benefit from their support and collaboration. We look forward to writing this exciting new chapter for Layer123 with your support!”

“I am delighted that Layer123 has become part of Euromoney’s TelCap portfolio” Said Rosalind Irving, Divisional Director, Capacity Media. “Layer123 is a very strong business, with events that are perfectly positioned to meet the needs of the rapidly changing telecoms market. We look forward to working closely with the Layer123 team to continue to offer the highest value events to this important market.”

For more details concerning Euromoney Institutional Investor PLC visit http://www.euromoneyplc.com/

Please contact Anthony Streeter, Director, Sales & Business Development, Layer123, for further details astreeter@layer123.com