Live Nation Labs Buys YourTrove

Los Angeles- and San Francisco-based Live Nation Labs, an independent group within Live Nation looking to create "next generation" music products, has acquired YourTrove, a developer of social search tools. Financial terms of the acquisition were not disclosed. Live Nation Labs said the deal will give it expertise in big data engineering, social network API's and overall technical prowess, and that it will incorporate YourTrove's technology into its projects.