Ticketmaster, a unit of IAC/Interactive Corp., has agreed to buy TicketsNow Inc. for approximately $265 million. TicketsNow is a Crystal Lake, Ill.-based online ticket reseller that has raised around $76 million in VC funding from firms like Draper Fisher Jurvetson, Adams Street Partners, Portage Venture Partners, C&B Capital and New World Ventures.
Ticketmaster also announced that it has acquired Paciolan Inc., an Irvine, Calif.-based provider of online ticketing software for live entertainment venues. No financial terms were disclosed. Paciolan had raised over $35 million in VC funding from firms like Marwit Capital, Argentum Group, Technology Crossover Ventures and Far West Capital Group.
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