Lumine Group Acquires Synamedia’s Video Network Business in Corporate Carve-Out
June 9, 2026
Lumine Group’s subsidiary has entered into an agreement to acquire the Video Network business from Synamedia. The acquired business will operate independently under its primary product brand, Quortex, and the transaction is expected to close soon subject to customary conditions.
- Buyers
- Lumine Group
- Targets
- Synamedia's Video Network Business (Quortex)
- Sellers
- Synamedia
- Industry
- Cloud & SaaS
- Location
- United Kingdom
- Transaction Type
- Divestiture
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