Lumine Group to Acquire Synamedia's Video Network Business

Synamedia sells video network business to Lumine Group

(Stock image) Lumine Group is expanding its presence in the media technology sector through an agreement to acquire the video network business of Synamedia, a move that will deepen the company’s footprint in video processing, broadcast delivery and live streaming technologies. The transaction announced on Tuesday will become Lumine Group’s 16th corporate carve-out acquisition upon closing. Financial terms of the deal were not disclosed. The busi…

Lumine Group to Acquire Synamedia's Video Network Business

Lumine plans to create a new independent company Quortex after the deal is completed

Lumine Group Enters into an Agreement to Acquire the Video Network Business from Synamedia

TORONTO, June 02, 2026 (GLOBE NEWSWIRE) -- Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV: LMN), a global buy-and-hold forever acquirer of communications and media software businesses, today announced

Lumine Group acquires Synamedia’s video network business unit – TVBEurope

Synamedia said it will switch focus to its portfolio including Go, Senza and Iris Source: Lumine Group acquires Synamedia’s video network business unit – TVBEurope

Lumine Group acquires Synamedia's video network business unit

Synamedia has entered an agreement with Lumine Group to sell its video network business unit, which will form a new, independent organisation called Quortex. “The Synamedia Video Network business will be a meaningful addition to Lumine’s growing Media ecosystem,” said Tony Garcia, chief operating officer at Lumine Group. “On completion, this acquisition will deepen our presence in the media supply chain domain, with particular focus on video pro…

Synamedia sells video network biz to Lumine Group

Synamedia has cut a deal to sell its video networks business to Lumine Group, which has built a portfolio of communications and media software businesses through more than 30 acquisitions. #pressrelease