Exhicon Event Media Solutions has signed the Memorandum of Understanding (MoU) with Perfect-Octave on August 26, 2024 for acquisition of 76% of the Equity Stake of the company. This acquisition is poised to enhance the company’s capabilities and broaden its reach in the live events and corporate video productions.
Perfect Octave holds extensive IP’s of non-film music genres, including classical, folk, devotional, and indie music and poised to add considerable top line and bottom-line to the Exhicon’s consolidated financials. The acquisition will significantly expand the company's service portfolio, enabling the company to enter the high growth vibrant live events and music industry.
Exhicon Events Media Solutions provides products and services for the exhibition, conferences, and events industry. The company offers media to integrated marketing solutions, event infrastructure, and management to organizing solutions to B2B and B2C fairs and events.
