Constellation Software - President, Mark Leonard.
President, Mark Leonard.
Source: YouTube.
  • Lumine Group, an indirect subsidiary of Constellation Software (CSU), has completed the carve-out acquisition of Wiztivi
  • Wiztivi is a leading provider of high engagement, multi-screen user experiences and cloud gaming solutions for connected devices
  • Wiztivi will operate as an autonomous business unit within Lumine
  • With this acquisition, Lumine’s presence in the content and media software segment has been further strengthened
  • Lumine Group Inc., an indirect subsidiary of Constellation Software Inc., is a leading global acquirer of communications and media software businesses
  • Constellation Software Inc. was down 1.162 per cent, trading at $2,119.00 at 1:41 PM ET

Lumine Group, an indirect subsidiary of Constellation Software (CSU), has completed the carve-out acquisition of Wiztivi.

Wiztivi is a leading provider of high engagement, multi-screen user experiences and cloud gaming solutions for connected devices. Wiztivi will operate as an autonomous business unit within Lumine.

With this acquisition, Lumine’s presence in the content and media software segment has been further strengthened.

Wiztivi is trusted by leading communications service providers, broadcasters, and media companies to engage and enthrall their customers with seamless video and gaming experiences on any connected device.

The Streamava offering for Cloud gaming enables providers to rapidly deploy console and PC games to any connected device, fully integrated into the device user experience.

With the Wiztivi Framework, providers can rapidly deploy a single code base to any device enabling rapid innovation and common rollout across all screens.

The company has launched over 300 services for major media and service providers worldwide since its founding in 2007.

“Wiztivi is a welcome addition to the growing Lumine content and media portfolio, and we are thrilled to welcome Wiztivi’s customers, partners, and employees to Lumine,” stated David Sharpley, Group Leader at Lumine.

“Not only does it expand our capabilities in UI/UX design to better serve our customers, but also enables us to enter the rapidly growing market for cloud gaming solutions,” he added.

Lumine Group Inc., an indirect subsidiary of Constellation Software Inc., is a leading global acquirer of communications and media software businesses.

Constellation Software Inc. was down 1.162 per cent, trading at $2,119.00 at 1:41 PM ET.


More From The Market Online
Fobi AI Canadian equestrian Kassidy Keith

Fobi AI to sponsor Canadian equestrian Kassidy Keith

Fobi AI (TSXV:FOBI), an AI and data intelligence stock, inks a two-year sponsorship agreement with Canadian equestrian Kassidy Keith.

Microsoft stock rallies after Q3 results beat expectations

Microsoft (NASDAQ:MSFT) shares rose nearly 3 per cent early Friday after its fiscal Q3 results beat Wall Street's expectations.

Samsung invests in NFT Technologies portfolio company

Samsung takes a stake in Metablox, a decentralized physical infrastructure network backed by NFT Technologies (NEO:NFT).