Lyte completed the acquisition of Festicket.

Lyte, a platform that allows event promoters to manage ticket reservations and resale, completed the acquisition of Festicket, a ticketing firm. Financial terms were not disclosed. “With the assets we have acquired in this transaction – and all of the new team members in the UK, Europe and Australia who we welcome as part of it we are bringing global opportunities to our existing employees and partners while extending an offer of access to our alternate universe to all promoters, ticket platforms and fans worldwide. The future of live events is here,” Lawrence Peryer, Lyte Chief Commercial Officer.