M&A Deal Summary

Lumine Group Acquires Neural Technologies

On June 1, 2021, Lumine Group acquired software company Neural Technologies

Acquisition Highlights
  • This is Lumine Group’s 2nd transaction in the Software sector.
  • This is Lumine Group’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2021-06-01
Target Neural Technologies
Sector Software
Buyer(s) Lumine Group
Deal Type Add-on Acquisition

Target

Neural Technologies

Hampshire, United Kingdom
Neural Technologies a provider of modular revenue protection, signaling, machine learning (ML), and artificial intelligence (AI) software for telecom operators. Its revenue assurance suite includes capabilities for fraud management, revenue assurance, credit-risk management, business assurance, and anti-money laundering. Neural Technologies was founded in 1991 and is based in Hampshire, United Kingdom.

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Buyer(S) 1

Buyer

Lumine Group

Mississauga, Ontario, Canada

Category Company
Sector Communications
DESCRIPTION

Lumine Group is a provider of communications and media software portfolios. Lumine offers communications and media software companies the ability to grow, retain independence, and focus on the needs of their customers and employees, with the strong financial backing of Volaris. Lumine Group is based in Mississauga, Ontario.


DEAL STATS #
Overall 3 of 15
Sector: Software M&A 2 of 8
Type: Add-on Acquisition M&A Deals 3 of 10
Country: United Kingdom M&A 2 of 2
Year: 2021 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-04 TransMedia Dynamics

Buckinghamshire, United Kingdom

TransMedia Dynamics Ltd. is a provider of content supply chain software for innovative media & entertainment, government and archive organizations. TransMedia Dynamics was founded in 1998 and is based in Buckinghamshire, Unite Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-01 Ubersmith

New York, New York, United States

Ubersmith is a developer of an in-house billing solution for enterprise cloud and hosting provider, Voxel. Ubersmith was founded in 1999 and is based in New York.

Buy -