Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

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Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Lumina Datamatics Acquires diacriTech Technologies

MUMBAI, India, May 04, 2023 (GLOBE NEWSWIRE) -- Lumina Datamatics Ltd. (“Lumina Datamatics”) has acquired 100% stake in diacriTech Technologies Private Limited (“diacriTech”), having its registered office in Chennai, India, and a wholly owned subsidiary in the USA. The acquisition of diacriTech further builds upon Lumina Datamatics’ growth strategy and progressive technology solutions.

“Technology is a differentiator for us. The diacriTech acquisition provides an integrated service model for the customers and further strengthens our presence in the APAC and other regions,” said Sameer Kanodia, Managing Director & CEO, Lumina Datamatics.  

“diacriTech tools and products embrace AI and Automation in its end-to-end services. The combination of our solutions with Lumina Datamatics’ innovative workflows will undoubtedly benefit our customers,” said Gopinath A.R.M, Director, diacriTech.

Nova Capital Advisors acted as the exclusive advisor to this deal.

About Lumina Datamatics Limited
Globally, 8 of the top-10 publishers and 3 of the top-5 e-Retailers trust Lumina Datamatics as their strategic partner in providing content, analytics, eCommerce, and technology solutions. Lumina Datamatics enables publishers to be at the forefront of content workflows by managing the entire publishing process. Lumina Datamatics' expert solutions combine its various in-house and client facing platforms, partnerships with global technology leaders, and more than 3000 professionals across the United States, UK, Germany, Philippines, and India.  

About diacriTech
diacriTech is a provider of services within books, journals, and multimedia. Their software development division specializes in digital workflows, consulting, and solutions.

Safe Harbour
Some of the statements in this update are forward-looking statements. These forward-looking are based on information currently available to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward-looking statements. These risks include, but are not limited to, the level of market demand for our services, the highly-competitive market for the types of services that we offer, market conditions that could cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions in India and elsewhere around the world, and other risks not specifically mentioned herein but those that are common in the industry.

For media queries, please contact:
Jamie Israel, VP, Marketing
jamie.israel@luminad.com
+1-848-200-6188


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