Add-on Acquisition • Information Technology

Gruve Acquires Lumos Cloud

On October 22, 2024, Gruve acquired information technology company Lumos Cloud

Acquisition Context

This is Gruve’s 2nd transaction in the Information Technology sector.
This is Gruve’s 2nd transaction in the United States.
This is Gruve’s 2nd transaction in California.

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M&A Deal Summary
Date	October 22, 2024
Target	Lumos Cloud
Sector	Information Technology
Buyer(s)	Gruve
Deal Type	Add-on Acquisition

Target Company

Lumos Cloud

Pleasanton, California, United States

Lumos Cloud is a Network Consulting and Training organization, that specializes in software-defined networking (SDN) and automation technologies. The company offers services including consulting, deployment of software-defined infrastructure, and professional training programs like Cisco ACI, Nexus, and NDFC workshops. Lumos Cloud is based in Pleasanton, California.

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Buyer Overview 1

Buyer

Gruve

Redwood, California, United States

Category	Company
Sector	Software

DESCRIPTION

Gruve is an AI-powered company that specializes in providing automation and artificial intelligence solutions to businesses. Gruve is based in Redwood, California.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Information Technology	2 of 2
Type: Add-on Acquisition	2 of 2
State: California	2 of 2
Country: United States	2 of 2
Year: 2024	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2024-09-19	NetServ San Jose, California, United States NetServ is a technology company that provides IT solutions, including software development, cloud services, data analytics, and IT consulting. NetServ is based in San Jose, California.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2024-09-19

NetServ

San Jose, California, United States

NetServ is a technology company that provides IT solutions, including software development, cloud services, data analytics, and IT consulting. NetServ is based in San Jose, California.

Buy

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