Ticketsoft Acquired By New Zealand Competitor

Dallas-based Ticketsoft, which develops cinema management software for the movie theater business, has been acquired by a New Zealand-based competitor, Vista Group International. Financial terms of the buy were not disclosed. Ticketsoft was founded in 2001, and sold its software to both large chains and indepedent cinema companies. Vista said Ticketsoft's products are being used by more than 200 theaters across North America.