StubHub's parent company eBay has acquired Ticket Utils, an independent software provider that purports to help large ticket sellers manage inventory and distribution.

With the acquisition, large ticket sellers on StubHub can access tools and features to more easily manage ticket inventory, pricing and distribution.

Its POS system also includes local language and currency support, which should benefit StubHub sellers as it expands internationally.

The acquisition of Ticket Utils is the latest in a series of technology innovations and acquisitions that StubHub has announced over the past year, including the global acquisition of TicketBis, debut of a blended ticketing platform, and rollout of the Virtual View feature. 

For more stories like this, and to keep up to date with all our market leading news, features and analysis, sign up to receive our daily Morning Briefing newsletter