lm_logo_without_betaLive Matrix, the TechCrunch Disrupt '10 finalist that proclaimed to be the "TV Guide for the web," has been acquired by online video guide OVGuide.com in an all stock deal.

As a part of the deal Live Matrix co-founder and CEO Sanjay Reddy will become OVGuide's new CEO Although Live Matrix will continue on as a standalone website, both companies will integrate their databases, allowing OVGuide to deliver a unified service covering all upcoming, live and on-demand content..