Mumbai-Chennai experts to work with global customers
Mumbai’s Lumina Datamatics says the acquisition of controlling stake in Chennai-based TNQTech is to be amongst the dominant service providers in the world of digital content.
“This acquisition will collectively strengthen us to over 6,500 employees globally and establish us amongst the dominant service providers in the world of digital content,” Sameer Kanodia, Managing Director & CEO, Lumina Datamatics, said on 9 Dec https://digitalinasia.com/.
“It aligns perfectly with our growth strategy of expanding our capabilities in being part of the future of publishing content and technology as we continue to stay ahead in the ever-changing publishing landscape https://www.makeinindia.com/home/.
“In combination with our existing capabilities at the forefront of content workflows by managing the entire publishing process – from content creation to product delivery – this acquisition will enable us to strengthen our suite of AI-enabled technology and products which are used by some of the largest commercial publishers, prestigious learned societies, associations, and university presses, and through them, by millions of authors,” Kanodia elaborated.
“We will benefit from Lumina Datamatics’ rich experience of working with global enterprise customers, and their broad range of publishing and technology solutions,” added Mariam Ram, Managing Director, TNQTech.
“We are excited to be part of Lumina Datamatics. We look forward to taking advantage of the synergies that will result from the collaboration between TNQTech and Lumina Datamatics. We see a clear alignment with TNQTech’s offerings in these areas https://www.nseindia.com/.
“We look forward to sharing our expertise and our suite of products, our deep domain knowledge, and our use of AI/ML models and data-driven intelligence, all of which serve to make the process of scholarly publishing simpler, faster, and smarter. We look forward to Lumina Datamatics serving as a platform for our combined growth https://www.bseindia.com/.”
A definitive agreement was signed on 9 Dec by the two companies.
TNQTech empowers scholarly publishers with AI-enabled technology for efficient publishing processes and offers end-to-end services for scholarly content. The company is trusted by commercial and open-access publishers and learned societies across Europe and North America. Its innovative approach to publishing and content technology, combined with a strong focus on technological advancements, has led to several patents for its products.
Lumina Datamatics is a trusted partner in providing digital Content Services, Retail Support Services, and Technology Solutions to companies in the Publishing and Retail Industries worldwide https://www.ai-expo.net/.
Lumina Datamatics’ expert solutions combine its various in-house and client-facing platforms, partnerships with global technology leaders, and more than 4,000 professionals across the United States, the United Kingdom, Germany, Philippines and India. Fiinews.com
