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Lumine Group

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Lumine Group Company Research Report



Company Overview



  • Name: Lumine Group Inc.

  • Mission: To acquire, strengthen, and grow communications and media software companies. Lumine Group aims to empower software businesses to reach new potential by providing access to capital, operational guidance, and a global ecosystem.

  • Founded: No specific founding date is available.

  • Founder: No information is available.

  • Key People:

  • David Nyland, Chief Executive Officer

  • David Sharpley, Group President

  • Tony Garcia, Group President

  • Elliot Yunger, VP, Corporate Development

  • Arjan Stroomberg, Head of Mergers & Acquisitions

  • Caroline Khachehtoori, General Counsel, Corporate Secretary

  • Amy Benoit, VP, Human Resources

  • Pearl Gupta, Head of Finance

  • Erini Andriopoulos, Sr. Director, Marketing & Communications

  • Headquarters: Toronto, Canada

  • Number of Employees: Over 3,500 employees

  • Revenue: No specific revenue figures are available.

  • Recognition: Lumine Group is known for its role as a permanent acquirer of communications and media software businesses, ensuring long-term growth and operational autonomy for its acquisitions.


Products and Services



Lumine Group focuses on acquiring and managing companies that provide specialized software solutions for the communications and media industries. Some key products and their features include:

Axyom.Core


  • Description: Provides cloud-native 5G network functions (CNFs) in the core and access networks.

  • Key Features: Access & Mobility Management, Session Management, User Plane, Network Repository, and Network Slicing Functions.


Motive


  • Description: Intelligent device management and automation software.

  • Key Features: Service Management Platform, Home Device Management, IoT, and Mobile Device Solutions.


RazorFlow


  • Description: Delivers inter-carrier expense management and inventory management solutions.

  • Key Features: Facilitates provider-to-provider procurement of telecom services.


Wiztivi


  • Description: Provider of multi-screen user experiences and cloud gaming solutions.

  • Key Features: High-quality gaming platforms for connected devices.


Velocix


  • Description: IP video streaming technology provider.

  • Key Features: Multi-screen video services, targeted video advertising, and cloud services.


Recent Developments



Acquisitions


  • Axyom Cloud Native 5G Core Software & RAN Assets from Casa Systems was acquired and now operates under the Axyom.Core brand.


Product Launches


  • SpatialNetworX introduced spatialDESIGNER, a tool to reduce fiber design time by up to 80%.

  • Incognito Software Systems collaborated with Harmonic to enhance broadband deployment platforms.


Partnerships


  • Netadmin launched a One Touch Switch (OTS) solution integrated with its Order Management system.

  • Titan.ium Platform recognized as a leader in innovation for cloud products at the Leading Lights Awards.


Strategic Initiatives


  • Lumine Group entered into a revolving credit facility agreement with North American and Canadian financial institutions for long-term financing.

  • Continuing investment in employee development through summits and leadership programs such as "Impact" and "SparkX."


Industry Position



Lumine Group is a prominent player in acquiring and developing software companies within the communications and media sectors. With a presence in 30+ countries and 1,200+ customers, Lumine Group facilitates software businesses' growth through strategic investments and operational optimizations using the Lumine Playbook, promoting enhanced operational efficiencies and market expansion.

Quote from Leadership



"Lumine Group's focus is on the long-term success of our portfolio companies. As buy-and-hold forever acquirers, we are not looking for short-term wins. We work with companies and their leaders to execute long-term, sustainable growth strategies." - David Sharpley, Group President, Lumine Group

Conclusion



Lumine Group continues to expand its portfolio of specialized communications and media software companies, focusing on long-term growth and operational autonomy. The group's strategic acquisitions, product innovations, and leadership development initiatives position it as a formidable leader within its industry.