Acquiring Company
Lumine Group
Acquired Company
Quortex and Imagine Communications
TorontoSoftwareInformation TechnologyArtificial IntelligenceDescription
Lumine Group Inc. has completed two acquisitions on July 1, 2026, purchasing Quortex and Imagine Communications for a total consideration of $233.7 million. These acquisitions are aimed at deepening Lumine Group's presence in the media supply chain domain. Following these transactions, the company reports significant revenue growth and operational improvements. This strategic move is part of Lumine's commitment to enhancing its service offerings and capitalizing on market opportunities.
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Based on deal dataFrequently asked
Who acquired Quortex and Imagine Communications?
Quortex and Imagine Communications was acquired by Lumine Group, based in Toronto. The deal was reported on August 5, 2026. Lumine Group is a leading global acquirer of communications & media software businesses. Lumine Group is privately held and operates in Software.
When did Lumine Group acquire Quortex and Imagine Communications?
Lumine Group's acquisition of Quortex and Imagine Communications was reported on August 5, 2026. Lumine Group Inc. has completed two acquisitions on July 1, 2026, purchasing Quortex and Imagine Communications for a total consideration of $233.7 million. These acquisitions are aimed at deepening Lumine Group's presence in the media supply chain domain. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Quortex and Imagine Communications do?
Quortex specializes in media processing and transport technology designed for the evolving media supply chain. Imagine Communications offers a portfolio of solutions for media and entertainment workflows, with a focus on cloud-based technology. It is privately held, operating in Information Technology.