Lumine Group Inc.
16.90
EUR
+0.20
(+1.20%)
ISIN
CA55027C1068
CUSIP
55027C106
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
•
in mil. unless spec.Quarterly Earnings Per Share
USD
•
in mil. unless spec.Quarterly Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- David W. Nyland
- Full Time Employees
- 2,300
- Sector
- Technology services
- Industry
- Packaged software
- Address
- 5060 Spectrum Way Mississauga ON Canada L4W 5N5
- IPO Date
- Mar 24, 2023
- Website
- luminegroup.com
- Similar Companies
- Business
- Lumine Group Inc is a communications and media software company specializing in acquiring, strengthening, and growing businesses within the communications and media software industry. The company offers a broad range of core products and services including Business Support Systems (BSS) software that supports customer-facing operations such as billing, customer service, order management, and product offerings; Content and Media solutions designed for media monetization, content distribution, and audience engagement; Network Application products focused on traffic optimization, network security, and edge computing; and Operations Support Systems (OSS) which help service providers monitor, manage, and optimize communication networks. Lumine Group operates a diverse portfolio of companies that deliver software solutions for broadcast, media, print, and communications industries. The company primarily targets global communication service providers, broadcasters, and media organizations. Founded within the Volaris Group, Lumine Group is headquartered in Toronto, Canada and follows a buy-and-hold forever acquisition strategy which focuses on sustainable long-term growth. In recent years, Lumine Group has completed multiple major acquisitions and strategic expansions, including the purchase of Nokia’s Device Management and Service Management Platform businesses in April 2024, the acquisition of Casa Systems’ Axyom Cloud Native 5G Core Software and RAN assets, and the purchase of Vidispine brand and business assets from Arvato Systems, a subsidiary of Bertelsmann SE & Co. KGaA. In 2023, the company acquired the Messaging and NetworkX business units from Synchronoss, expanding its presence in messaging and network software solutions. These acquisitions have broadened Lumine Group’s product offerings and expanded its global footprint. The company emphasizes autonomy in operating acquired businesses, allowing each unit to maintain its brand and specialized product lines while benefiting from Lumine Group’s overarching strategic support. These strategic moves underscore Lumine Group’s commitment to becoming a leading aggregator in the communications and media software sector, focusing on mission-critical software solutions that address evolving market demands for enhanced operational efficiency, network optimization, and media management. The company continues to grow its portfolio systematically across North America and other regions, supporting communication service providers and media companies with innovative software solutions.
Company News
Lumine Group to Acquire Synchronoss Technologies
Synchronoss Technologies, Inc. to Be Acquired by Lumine Group
Lumine Group to Acquire Synchronoss Technologies