Lumi Mobile Announces Acquisition Of Interactive Meetings Limited
LONDON, NEW YORK, HONG KONG and VAASA, Finland, June 13, 2013 /PRNewswire/ --
Lumi Mobile, the specialist in consumer insight mobile technology and real-time audience engagement, has agreed to acquire interactive events technology group IML from Computershare.
Earlier this year, Lumi Mobile expanded into the meetings and events market with the launch of Join In, a communications app based on the company's patented, real-time Lumi Live platform.
Founded in 1991 and acquired by Computershare in 2005, IML is a technology company that provides market leading and proprietary audience engagement solutions for thousands of annual meetings and events globally. It owns a number of patents covering a range of aspects of meeting technology. Richard Taylor was Chief Executive of IML for four years until 2011, when he joined Lumi Mobile. He will remain CEO of the enlarged group.Commenting on the acquisition, which will be funded by Lumi's existing shareholders, Richard Taylor said: "This is a unique opportunity to bring together two exceptional technology companies with patented processes that complement each other enormously. This acquisition underlines the versatility of Lumi's mobile solutions and creates an integrated technology business defined by global scale, market penetration and high quality client service across our key sectors of Market Research and Live Meetings and Events. The combined software development resource and capability will further enhance our offerings to our existing market research clients as well as those in the meetings industry." IML has built a global base of over 1,000 clients that comprises hundreds of blue chip companies, as well as educational, charitable and faith-based foundations. The Company's proprietary technology tools enable audience interaction through conversation, texting, voting and content sharing, in addition to delegate registration, response authentication and other functionalities. By capturing and analysing the data generated through this interaction, IML is able to deliver to its clients valuable insight captured from the audience.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts