Lumine Group Acquires TOMIA
June 13 2022 - 4:27PM
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.
Many of the industry’s leading service providers rely on TOMIA’s
technology to monetize customers and optimize network traffic by
providing a unified view of the end-to-end connectivity process,
margins, and customer journey. The company has operated in various
forms for nearly 30 years and boasts over 400 deployments
worldwide, processing billions of real-time transactions
monthly.
“We are excited about the next growth chapter for TOMIA and are
proud to become part of the Lumine communications global
ecosystem,” said Gary McIIraith, Executive Chairman of TOMIA.
“Lumine Group’s acquisition approach and buy and hold philosophy
provides us with a solid foundation on which to build our company
and deliver continued success. Operating as an autonomous business
within Lumine Group, we remain laser focused on achieving our
vision and serving our customers’ most critical needs.”
“TOMIA’s diverse, proven and mission-critical communications
software suite, and long-term customer relationships complement
Lumine’s software ecosystem,” said David Sharpley, Group Leader at
Lumine. “We look to build upon TOMIA’s heritage of success and
propel its next phase of growth driven by the market evolution
toward 5G, IoT and cloud technologies. We welcome TOMIA’s
customers, partners, and employees to the Lumine family.”
Arma Partners acted as exclusive financial advisor to TOMIA on
the transaction.
About Lumine Group
Lumine Group is a leading global acquirer of communications
& media software businesses. Lumine empowers businesses to grow
by providing an ecosystem with access to a network of global,
like-minded professionals, customers, and partners. Lumine Group is
a division within Volaris Group, a subsidiary of Constellation
Software Inc. (TSX:CSU). Learn more
at www.luminegroup.com and via LinkedIn.
About Volaris Group
Volaris acquires, strengthens and grows vertical market
technology companies. As an Operating Group of Constellation
Software Inc., Volaris is all about strengthening businesses within
the markets they compete and enabling them to grow – whether that
growth comes through organic measures such as new initiatives and
product development, day-to-day business, or through complementary
acquisitions. Learn more at www.volarisgroup.com.
About TOMIA
TOMIA offers transformative connectivity solutions to service
providers worldwide. Its innovative offering enables customers to
manage a unified optimization process of both roaming and
interconnect while driving the future of connectivity through new
technologies and services such as VoLTE, NFV, and 5G. With regional
headquarters in the US, Israel, Luxembourg, India,
and a presence in over 30 countries, TOMIA serves over 400
operators including 30 tier-1 and six of the industry’s largest
groups. To learn more visit www.tomiaglobal.com.
Contact InformationErini AndriopoulosDirector
of Marketing, Lumine Grouperini.andriopoulos@luminegroup.com
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