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August 16, 2006
German Ticketing Co Acquires Swiss e-Ticket Startup
CTS Eventim, which sells electronic ticketing systems for theatres and other types of venues, acquired six year old Basel-based e-ticketing company TicTec AG for less than €10M. TicTec develops eticketing software and runs the www.tictec.ch website. It is expecting to do sales SFr 2M this year.
We've seen several entrepreneurs in the region try out the e-ticketing market but few make it internationally, and usually end up getting acquired in deals similar to this one.
Read - CTS EVENTIM (financial.de)
Posted on August 16, 2006 06:56 AM | Posted to News And Updates | Permalink
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