Constellation Software Inc. And Lumine Group Inc. Complete Purchase Of Wideorbit Inc. And Lumine Group Spin-Out
Acquiring Company
Lumine Group
Acquired Company
WideOrbit
TorontoTorontoSoftwareInformation TechnologySoftwareArtificial IntelligenceEnterprise SoftwareIT Managementinformation technology & servicesDescription
Constellation Software Inc. (“Constellation”) (TSX:CSU) and its subsidiary Lumine Group Inc. (“Lumine Group”) announced today they have completed the previously announced agreement and plan of merger to purchase (the “Acquisition”) 100% of the shares of WideOrbit Inc. (“WideOrbit”), a US-based media vertical market software provider. WideOrbit is now a wholly owned subsidiary of Lumine Group and will operate as an autonomous business unit within Lumine Group’s portfolio of companies.
Quick answer
Lumine Group and Constellation Software are acquiring WideOrbit, announced February 22, 2023. Lumine Group is based in Toronto, Ontario, Canada.
- How much did Lumine Group pay for WideOrbit?
- The deal value was not disclosed.
- What does Lumine Group do?
- Lumine Group is a leading global acquirer of communications & media software businesses.
- Where are Lumine Group and WideOrbit based?
- Lumine Group is based in Toronto, Ontario, Canada.
- Who are the decision-makers at Lumine Group?
- Fundz holds 1 contact at Lumine Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired WideOrbit?
WideOrbit was acquired by Lumine Group, based in Toronto. The deal was reported on February 22, 2023. Lumine Group is a leading global acquirer of communications & media software businesses. Lumine Group is privately held and operates in Software.
When did Lumine Group acquire WideOrbit?
Lumine Group's acquisition of WideOrbit was reported on February 22, 2023. Constellation Software Inc. (“Constellation”) (TSX:CSU) and its subsidiary Lumine Group Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does WideOrbit do?
WideOrbit is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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