Web Summit, the largest technology conference in Europe, has announced that from 2016 it will move from its home in Dublin to Lisbon for at least the next three years. Web Summit grew on the Irish economy since 2010, and on a press conference held this week, CEO and Co-Founder Paddy Cosgrave said that the 2016 edition will be hosted in Lisbon.
Cosgrave said they had chosen the Portuguese capital for its strong infrastructure, thriving startup community and world-class venue. He thanked the people of Ireland for their support and said the company, which employs 130 people, would remain headquartered in the Irish capital. According to estimations, Web Summit brought to the Ireland tourism around $ 110 million in 2014 alone. In Lisbon, the event will take place at the MEO Arena and Feira Internacional de Lisboa (FIL), which can accommodate at least 50,000 people, and has extensive transport links and capacity to enable it to grow significantly.
Tesla co-founder Elon Musk and Nest Labs’ Tony Fadell are some of the high profile names that have been present at Web Summit to date. Web Summit was co-founded by Cosgrave, Daire Hickey and David Kelly and has grown quickly into Europe’s largest technology conference. In 2014 the event attracted 20,000 attendees and in 2015 the number is expected to be higher, with attendees from more than 100 countries.