March 4, 2024
Louise-Brett-Terrapay-independent-Director

TouchTunes Acquires Arachnid 360 to Accelerate Innovation Within In-Venue Entertainment

Image Courtesy: Arachnid 360 website)
Image Courtesy: Arachnid 360 website)

TouchTunes Music Company, LLC (“TouchTunes”), one of the largest in-venue interactive music and entertainment platforms, announces it has acquired the business of Arachnid 360, LLC (“Arachnid”), the originator and innovator of soft-tip electronic darts. Arachnid, known for its BullShooter brand, operates more than 30,000 connected dartboards globally. With TouchTunes’ existing fleet of connected jukeboxes, the combined company will have a footprint of nearly 100,000 connected devices, delivering best-in-class entertainment experiences for bars and restaurants across North America and Europe.

TouchTunes is excited to leverage the capabilities of the combined business to provide consumers, venues, and operators with a comprehensive interactive entertainment ecosystem. TouchTunes is committed to investing in the game of darts and providing venues and operators with the resources to grow recreational and competitive play. Arachnid will continue to operate under the Arachnid, BullShooter, and Spider 360 brands.

“We are ecstatic to join forces with the Arachnid team. This acquisition is a huge leap forward in our mission to spark joy and human connection through unforgettable entertainment experiences,” said Ross Honey, CEO of TouchTunes. “Both companies are pioneers in pushing the boundaries of interactive, out-of-home amusement. Together, we will make the in-venue consumer experience even more connected, engaging, and personalized.”

“Arachnid, with our BullShooter connected dartboards and tournaments, is synonymous with soft-tip electronic darts,” said Tony Beall, co-owner of Arachnid, on behalf of the ownership group of Arachnid. “Through our complementary strengths, TouchTunes and Arachnid will deliver even more seamless experiences for consumers and growth for the venue and operator community.”

Sam Zammuto will continue to lead Arachnid, reporting to Dan Hamric, EVP, of Operations at TouchTunes.

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