RFID access control and cashless payments firm Intellitix Technologies has acquired a majority stake in event management platform CrowdBlink.
The Montreal-headquartered provider of technology-driven solutions for festivals and live events provides RFID-based cashless payments at events such as Tomorrowland, BlizzCon, and San Diego Comic-Con, among others.
The move is an effort by Intellitix to meet a market demand for lightweight event technology, which CrowdBlink offers through its all-in-one mobile platform, with ticketing, access control, and cashless payments.
“I was very impressed with CrowdBlink,” said Intellitix chief executive Carlo Chiarello. “They have an innovative product already, but once I saw what they had in their product roadmap I knew they were going to truly disrupt the industry.”
Jeff Jessamine, president of CrowdBlink, added: “We will now be benefiting from a proven team and a global infrastructure that powers thousands of events, which means CrowdBlink can now scale very rapidly.
“CrowdBlink will be taking full advantage of these resources and expertise as we develop the platform and pave the way for the next generation of event technology.”
Jeff Jessamine will continue in his role as president of CrowdBlink.