Geolocation Platform LiveDeal Buys DealTicker

Geo-location focused mobile marketing platform LiveDeal, which enables restaurants to publish real-time instant offers to nearby consumers, has acquired discounted retail products and services platform DealTicker. Terms of the deal were not disclosed.

LiveDeal offers a platform which uses geolocation technology to enable restaurants to segment special offers by location and deliver them to relevant consumers based nearby. As part of the transaction, LiveDeal will expand into the retail goods and services sector, while extending its own restaurant deal engine in the US and Canada.

Jon Isaac, President and CEO of LiveDeal, commented: 'We believe that the DealTicker acquisition gives us a strong foothold in the discounted products space, and it gets us off to a strong start in our expansion into this arena. DealTicker's team has the potential to create the most unique products platform ever, and change the way people buy products online.'

Web sites: www.livedeal.com and www.dealticker.com .