Passkey International Inc. (Passkey) has announced that it has completed the acquisition of UK-based Velvet Software Limited (Velvet). Velvet is a provider of conference, event and accommodation technologies for organizations, conference destinations and individuals in the
Velvet’s client base includes over 40 of the
Velvet’s strong presence in the
The addition of Velvet underscores Passkey’s commitment to leadership in the event housing space and advances the company’s strategy of global expansion following the opening of its office in
The combination of Passkey and Velvet innovations is expected to accelerate the adoption of event housing technology across the globe, and speed up the development of new capabilities that deliver better housing experiences to attendees, meeting planners, destination and hotels.
The company intends to build upon Velvet’s market and technology expertise in the