2019: Lumine Group Year in Review

President’s Note

2019 was a transformative year for Lumine Group. We grew from a portfolio of 9 to 12 businesses, launching us into new geographies and furthering our presence in the communications and media markets globally. Below, learn more about our 2019 acquisitions, Velocix, Advantage 360, and MDS Global.

As we kick off 2020, I am happy to share news of the first acquisition of the year, Lifecycle Software Ltd. We look forward to the new opportunities this new year, and new decade will bring.

David Nyland
President of Lumine Group

2019’s Acquisitions


Formerly part of Nokia’s Video IP Business Unit, Velocix is a content delivery network that makes video personal.
Case Study >

Advantage 360

Advantage 360 provides full lifecycle customer management solutions for tier 3 & 4 emerging market operators.
Case Study >

MDS Global

MDS Global helps Virtual Network Operators to deliver innovative and digitally rich services to excite the market.

Case Study >

2019’s Most Read Stories

How Incognito’s CTIO Drives Innovation with Lumine Group

We spoke with Pete Koat, CTIO of Incognito Software System’s, to discuss how R&D at Incognito has evolved since acquisition in 2015, and what support acquired businesses can expect from Lumine Group. Read more on Pete’s innovation philosophy, how he optimizes R&D budgets and timelines, how the Lumine network has helped him grow, and beyond! Read the story >

Building Autonomy: A New Chapter for Velocix in India

At the time of the acquisition, Velocix’s Indian operations were in the Nokia office in the southern city of Chennai. Upon acquisition, Velocix had an opportunity to set up a new Indian office that was standalone in a nearby location in Chennai itself. Having their own space would allow the company to forge its own path forward by designing an office reflective of the company’s new brand identity. Read the story >

NAB Show Key Takeaways

In April 2019, the Lumine team attended The NAB Show in Las Vegas. From walking the show floor, it was clear that the broadcast and media space is in a period of transition. This transition is changing customer’s buying cycles and behaviors and influencing their vendor’s technological roadmaps. Elliot Yunger, VP Lumine Group expanded on this idea in his takeaways. Read the story >