Tickets.com Completes Purchase of Lasergate

Newport Beach-based Tickets.com Inc. on Wednesday said that it had completed its previously announced $1.5-million acquisition of Lasergate Systems Inc., based in Clearwater, Fla.

The cash buyout of Lasergate was initiated in June, but Tickets.com at the time already had a majority stake in the company. Tickets.com is an event ticketing company with an extensive line of automated ticketing technology and a significant online presence.

Lasergate’s assets include ticketing contracts with 90 entertainment venues and organizations, including Sun Valley resorts and the Toronto Film Festival.