BUSINESS

Lumi Global Acquires Assembly Voting To Bolster Product Leadership, Expand Global Reach

20/12/2024 04:56 PM

KUALA LUMPUR, Dec 20 (Bernama) -- Lumi Global, a global leader in technology-driven meeting solutions, has acquired Assembly Voting, a technology company specialising in end-to-end verifiable, cloud-based elections and voting solutions.

According to a statement, this strategic acquisition reinforces Lumi Global’s commitment to innovation via Assembly Voting's verifiable, scalable Electa platform while expanding its capabilities beyond the live meeting environment to new market opportunities.

Lumi Global Chief Executive Officer (CEO), Richard Taylor said the acquisition marked a bold step forward for Lumi Global, as the company extends its product capabilities beyond the meeting day and into the wider elections market.

“The integration of Assembly Voting’s innovative technologies with Lumi’s Global platform will unlock new opportunities, ensuring we remain at the forefront of technology-driven meeting, election and voting solutions in annual general meetings, investor relations, and member organisation worldwide,” added Taylor.

Meanwhile, Assembly Voting CEO, Jacob Gyldenkaerne said: “This partnership not only expands the reach of our technology but also enhances our ability to serve an even more diverse, global client base with end-to-end verifiable election solutions.”

Among the key highlights of the acquisition include Assembly Voting enhances Lumi Global's portfolio by introducing advanced end-to-end verifiability, ensuring secure, transparent, and verifiable election and voting processes for clients worldwide.

Meanwhile, the Electa platform is purpose-built for scheduled elections and asynchronous voting, complementing Lumi Global’s existing solutions for live meetings and synchronous voting. With a focus on verifiability, security, and scalability, Electa broadens Lumi's ability to support organisations at all stages of their decision-making, both prior to and during key meetings.

The deal also establishes Lumi Global’s presence in Denmark and Spain, opening new opportunities in these strategically significant markets, and it is strategically positioned to deploy the Electa platform across its key markets in North America, Europe, the Middle East, and Africa, as well as Asia Pacific.

The acquisition brings Assembly Voting’s experienced development team, enriching Lumi Global’s innovation pipeline and opening new avenues for collaboration and growth.

Lumi Global’s acquisition of Assembly Voting underscores its dedication to powering the meetings and elections that matter for trusted decisions worldwide.

-- BERNAMA


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