TORONTO, April 03, 2024 (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 that it has entered into an asset purchase agreement to acquire the Axyom Cloud Native 5G Core Software & RAN Assets (“Assets”) from Casa Systems (Nasdaq: CASA). Casa Systems intends to facilitate the sale of its businesses, including the Assets, through a Chapter 11 process. This will mark Lumine Group’s 14th corporate carve-out that it has completed and set up in the communications and media space.
