Acquiring Company
Lumine Group
Acquired Company
TOMIA
TorontoSoftwareManufacturingDescription
Lumine Group (“Lumine”), a division of Volaris Group focused on the communications and media vertical, today announced that it has acquired TOMIA, an innovator and leader in global connectivity monetization solutions. TOMIA’s software optimizes and orchestrates critical inter-carrier business processes including data and financial clearing, network roaming, real-time campaign management and interconnect solutions.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed