Lumine Group Announces Acquisition of Vidispine
Lumine Group Inc., a global acquirer of communications and media software businesses, has signed an agreement to acquire Vidispine, a brand and business under Arvato Systems, a subsidiary of Bertelsmann SE & Co. KGaA.
This acquisition, conducted through a Lumine Group subsidiary, marks the Company’s 15th corporate carve-out transaction and its first acquisition in Germany.
Vidispine: Innovating Broadcast Management and Media Asset Solutions
Vidispine, a recognized leader in broadcast management solutions, helps companies optimize media asset management, streamline operations, and unlock the full potential of their content. Known for its focus on innovation and workflow efficiency, Vidispine serves private and public broadcasters globally.
Strengthening Lumine Group’s Media Monetization Portfolio
“We are thrilled to welcome Vidispine, its customers, and employees to Lumine Group,” said Tony Garcia, Group President and Interim CEO of Lumine Group. “Vidispine’s expertise in media sales, rights management, scheduling, and asset management aligns perfectly with our existing portfolio, enhancing our solutions for broadcasters worldwide.”
A Strategic Transition for Arvato Systems
“After a competitive process, Lumine Group emerged as the ideal home for Vidispine,” said Matthias Moeller, CEO of Arvato Systems Group. “This carve-out enables Arvato Systems to sharpen its focus on core market solutions while ensuring Vidispine’s continued success.”
Nicolas Ley, Vice President of Vidispine, added: “Lumine Group’s deep experience in the media software space and its growing ecosystem position Vidispine for long-term success. I am excited to contribute to this next chapter under Lumine Group’s ownership.”
About Lumine Group
Lumine Group (TSXV: LMN) specializes in acquiring, strengthening, and growing vertical market software businesses in the communications and media industries.
About Vidispine
Vidispine, a brand of Arvato Systems, enables media companies to maximize the value of their assets and streamline operations. Its platform delivers innovative solutions for media sales, rights management, and inventory optimization.
About Arvato Systems
Arvato Systems is an international IT specialist supporting companies in digital transformation. As part of Bertelsmann, we deliver innovative IT solutions, cloud transitions, and digital process integration, supported by in-depth industry knowledge.
