Web Summit to remain in Lisbon until 2028, in a new $128 Million Deal

“We’re incredibly excited to be staying in Portugal. Without a larger venue this would not be possible. Even until a few months ago, we never believed it would be possible. The plans are incredible and we’re very thankful to all those who have worked on them.

This deal gives certainty to our many attendees from over 170 countries around the world, and our thousands of partners and exhibitors. It also gives certainty to our host country, and to our team of more than 200. Together we’re looking forward to doing incredible things.

Finally, I should add that we are grateful for the support and encouragement we received from other cities who also placed bids to host the event. We very much recognise their efforts and definitely appreciate all they have done.”

Mayor of Lisbon, Fernando Medina said:

“This 10 year agreement with Web Summit will decisively make Lisboa a key capital for innovation, entrepreneurship and talent. I am confident the next few years will bring a sharp raise in IT investment and employment in Lisboa. We are thrilled to continue to write this story together with Web Summit”

*Figures are calculated from EUR to USD at 1.165833. This rate is the monthly average taken for September 2018, sourced from the European Central Bank.

Distributed by APO Group on behalf of Web Summit.

Media Contact:

Communication - Web Summit

media@websummit.com

Bianca Delbao:

bianca.delbao@websummit.com

+353833721853

Katherine Farrell

katherine.farrell@websummit.com

About Web Summit:

Web Summit (WebSummit.com) is a company from Dublin, Ireland that holds events across the world. Over 120,000 people from more than 170 countries join us at our global events; Web Summit in Lisbon, Collision in Toronto, RISE in Hong Kong and MoneyConf in Dublin.

In the words of Inc Magazine “Web Summit is the largest technology conference in the world”. Forbes says Web Summit is “the best tech conference on the planet”, Bloomberg calls it “Davos for geeks”, Politico “the Olympics of tech”, and the Guardian “Glastonbury for geeks”.

Whatever Web Summit is, it wouldn’t be possible without an incredible team of nearly 200 class employees, including world engineers, data scientists, designers, producers, marketers, salespeople and more.

We’ve disrupted an old industry by building incredible software and designing mind-blowing events. We’ve revolutionised how people come together in our world. We’re just getting started.

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