| [February 09, 2006] |
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eRSVP Acquires DataHive Corporation; Acquisition to Accelerate eRSVP's Existing 'SaaS' (Software as a Service) Business Model for the Events and Meetings Industry
NEW YORK --(Business Wire)-- Feb. 9, 2006 -- eRSVP, developer of Web-based events registration and information management solutions for professional meeting planners and special events producers, has acquired DataHive, a New Hampshire-based provider of online registration and data management services. The agreement fuses the core strengths of each provider -- DataHive's proficiency in consulting and customized services for the corporate enterprise, and eRSVP's expertise in scalable, self-managed, on-demand solutions for the corporate, association and independent agency markets -- into an integrated full-service offering, serving a wide range of customers across multiple industry sectors.
Under terms of the agreement, both DataHive and eRSVP offerings will continue as distinct brands under the eRSVP umbrella, with the DataHive brand representing eRSVP's consulting and custom solutions. The acquisition follows a one-year partnership agreement in which eRSVP provided the technology backbone to power DataHive services, and each company furnished services to the customer base of its partner. The acquisition was finalized January 3.
"The assimilation of DataHive's resources into our existing solutions gives eRSVP deep new capacity to serve our corporate enterprise customers, plus additional capacity to provide registration by telephone and on-site registration services, with DataHive customers enjoying the full benefits of eRSVP as well," remarked Ajay Arora, CEO of eRSVP. "Thus we are fulfilling our strategy of becoming a complete registration solutions company, with a unified platform for delivery of services that covers virtually every segment of the market," he said.
About DataHive
Headquartered in Manchester, New Hampshire, DataHive provides personal, Internet-based solutions for today's forward-thinking companies. Formerly the Internet Solutions Division of Communications Management International, Inc. (CMI), DataHive was formed as a separate company to better serve customers and create a new wave of Internet products. DataHive solutions leverage years of extensive Internet experience and high-powered research, resulting in unique marketing and sales solutions. For more information, visit http://www.datahiveonline.com.
About eRSVP
Founded in 1998, New York-based eRSVP specializes in Web-based events registration, payments processing and value-added information services for professional meeting planners and events organizers. Its event response management tools create an instant Web presence for clients, enabling online invitations, confirmations, e-commerce transactions and scheduling, plus sophisticated campaign management, custom report generation, survey creation and data analysis tools. For more information, visit http://www.eRSVP.com.
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