Lumine Group Acquires Neural Technologies
Summary
TORONTO, June 01, 2021 (GLOBE NEWSWIRE) -- Lumine Group (“Lumine”), a division of Volaris Group focused in the communications and media vertical, today announced that it has completed the acquisition of Neural Technologies Ltd (“Neural”), a provider of modular revenue protection, signalling, machine learning (ML) and artificial intelligence (AI) software for telecom operators. Its ML and AI capabilities assist telecom operators with data integration and customer engagement. “After building up our capabilities and brand over 30 years, we were ready to join an ecosystem that would allow us to scale to the next level. At this time, we were intrigued by the value proposition and unique outlook on buy-and-holding forever, allowing those acquired businesses to define and achieve their mission through the best practices, ecosystem and financial backing that Lumine brings to every business,” added Ang Liang, Neural’s Chief Operations Officer. Lumine empowers businesses to grow by providing an ecosystem with access to a network of global, like-minded professionals, customers, and partners.
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