Live Nation Labs Acquires Meexo, As Exitround Reaches Buyers Outside of Tech
Exitround is very happy to help publicly announce that Live Nation Labs, a subsidiary of the entertainment giant Live Nation Entertainment (NYSE: LYV), is acquiring Meexo, a San Francisco-based company which builds mobile, social applications. As part of the transaction, the founders of Meexo, Romain David and Dav Yaginuma, will become product and engineering leads on mobile for Live Nation Labs. Moving forward, Live Nation Labs, a subsidiary of the Fortune 500 company, sees Meexo as key to its strategy in digital and mobile. More from Live Nation, and Meexo.
The companies were first connected on Exitround’s private, closed marketplace for companies. For Exitround, this transaction demonstrates our increasing growth in helping companies outside of Silicon Valley find innovative technology companies to buy. While we still work with many of the top Silicon Valley names, more and more large companies that are not traditional technology companies are looking to make technology a core part of their business. And the way they are doing that is often through acquiring top companies and talent. These are often companies that earlier stage companies would never have thought of as potential business partners or acquirers. Through the marketplace dynamic and proprietary algorithmic matching engine, we’re able to make many more connections–and specific personalized connections–than these companies would have made otherwise.
Congratulations to Romain, Dav and the team at Live Nation!