M&A Deal Summary

Lumine Group Acquires WideOrbit

On December 12, 2022, Lumine Group acquired software company WideOrbit

Acquisition Highlights
  • This is Lumine Group’s 5th transaction in the Software sector.
  • This is Lumine Group’s 4th transaction in the United States.
  • This is Lumine Group’s 1st transaction in California.

M&A Deal Summary

Date 2022-12-12
Target WideOrbit
Sector Software
Buyer(s) Lumine Group
Deal Type Add-on Acquisition

Target

WideOrbit

San Francisco, California, United States
WideOrbit helps media companies do more business by making it easier to buy and sell advertising. It is the system of record for more than $37 billion in advertising spend annually. The company brings a Wider-World approach, providing broader capabilities, bigger insights, and better connections that media companies need. WideOrbit was formed in 1999 and is based in San Francisco, California.

Search 201,771 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 7 of 12
Sector (Software) 5 of 6
Type (Add-on Acquisition) 6 of 8
State (California) 1 of 1
Country (United States) 4 of 7
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-13 Tomia

Vienna, Virginia, United States

Tomia is a provider of interconnect and settlement software solutions to telecom communication service providers (CSPs) worldwide. The Company’s products drive ROI for customers by enabling and optimizing the connecting, routing, and transfer of voice, video, and data from one CSP’s network to another. Tomia supports a global community of over 4,000 carriers, including 38 of the top 40, and processes over 300 billion voice, SMS, content, and data minutes each year. Tomia was founded in 1996 and is based in Vienna, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-13 Wiztivi

Carquefou, France

Wiztivi is a provider of high engagement, multi-screen user experiences and cloud gaming solutions for connected devices. With customers in every geography and over 300 services launched for media and service providers globally, the company is a proven and trusted partner to many of the world’s leading video experience providers. Streamava, Wiztivi’s pioneering gaming platform is a leader in cloud gaming, providing service providers with a multi-screen, high-quality gaming experience directly integrated into the provider’s existing environment. Wiztivi is based in Carquefou, France.

Buy -