Today, eBay announced that it has acquired Ticket Utils, a company that built a system for managing the distribution of tickets to multiple services. Now, eBay will be incorporating the technology into its subsidiary StubHub, which Ticket Utils is already integrated into. Terms of the deal weren’t disclosed.
“Ticket Utils is already a favorite among ticket sellers because of its ease, reliability and multi-device accessibility,” eBay wrote in a blog post. “Ticket Utils’ platform and feature set are expected to help maximize sell-through and better automate the inventory management process for large sellers on StubHub. Ticket Utils also supports multiple currencies and language, which will enable sellers to operate more effectively in international markets and take advantage of StubHub’s significant global expansion through our planned acquisition of Ticketbis.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":2004628,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,","session":"B"}']Other point-of-sale systems for tickets include Ticket Evolution, TicketNetwork, and Vivid Seats’ SkyBox.
Ticket Utils started in 2010 and is based in Saddle Brook, New Jersey.
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StubHub announced its plans to become a primary ticketing platform earlier this year.
Other recent eBay acquisitions include SalesPredict and ExpertMaker.
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