M&A Deal Summary

Innovative Software Technologies Acquires Live Riot

On September 12, 2013, Innovative Software Technologies acquired software company Live Riot

Acquisition Highlights
  • This is Innovative Software Technologies’ 1st transaction in the Software sector.
  • This is Innovative Software Technologies’ 1st transaction in the United States.
  • This is Innovative Software Technologies’ 1st transaction in California.

M&A Deal Summary

Date 2013-09-12
Target Live Riot
Sector Software
Buyer(s) Innovative Software Technologies
Deal Type Add-on Acquisition

Target

Live Riot

Los Angeles, California, United States
Live Riot, Inc. is a provider of technology embedded in its LiveRiotTM application for iPhones.

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Buyer(S) 1

Buyer

Innovative Software Technologies

Tampa, Florida, United States

Category Company
Founded 2005
Sector Software
DESCRIPTION

Innovative Software Technologies, Inc. is a provider of fully integrated Social Marketing And Retention Technology platform that gives businesses an easy to use, affordable, and centralized marketing solution, helping small to medium-sized businesses acquire, maintain and retain customers via the Internet.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1