Lumine Group Acquires Ubersmith Inc.
July 01 2021 - 02:00PM
Lumine Group (“Lumine”), a division of Volaris Group focused in the
communications and media vertical, today announced that it has
completed the acquisition of Ubersmith Inc. (“Ubersmith”).
Ubersmith was wholly owned by Internap Holding LLC (“INAP”), a
Global provider of performance-driven, full-spectrum data center
and cloud solutions. Now operating as an autonomous business,
Ubersmith is a leading business management software solution that
delivers mission-critical capabilities for billing, infrastructure
and device management, and trouble and relationship management to
Service Providers. Ubersmith is Lumine’s 20th acquisition, further
establishing Lumine’s position as a “Carve Out” specialist and
leading global acquirer of communications and media software
businesses.
Founded in 1999, and headquartered in New York City, Ubersmith
was originally named CBMS and developed as an in-house billing
solution for enterprise cloud and hosting provider, Voxel. On
recognizing the value of the software that was developed, Voxel
formed a separate business unit and commercialized the software for
external sales. In 2001, after a merger with TicketSmith, a
provider of customer management solutions for the data centre
market, Voxel rebranded CBMS to Ubersmith. After 10 years of
successful customer growth, Voxel and Ubersmith were acquired by
INAP.
“In the Lumine Group Global Ecosystem, Ubersmith’s open and
scalable billing, infrastructure and customer management platform
is positioned for success,” said Kurt Daniel, CEO of Ubersmith. “We
have found a perpetual home for our more than 100 active customers
globally and a business acceleration opportunity to expand our
position in the cloud, hosting, data communications markets,” added
Kurt.
“We are excited to welcome this new Billing & Customer
Management dimension to Lumine, reinforcing our vision and
customers strategy that immense cloud-based communications
infrastructure services will require dedicated real-time specialist
usage and infrastructure device management,” said Tony Garcia,
Group Leader Monetization at Lumine.
About Lumine GroupLumine Group is a leading
global acquirer of communications & media software businesses.
Lumine empowers businesses to grow by providing an ecosystem with
access to a network of global, like-minded professionals,
customers, and partners. Lumine Group is a division within Volaris
Group, a subsidiary of Constellation Software Inc. (TSX:CSU). Learn
more at www.luminegroup.com and via LinkedIn.
About Volaris GroupVolaris acquires,
strengthens and grows vertical market technology companies. As an
Operating Group of Constellation Software Inc., Volaris is all
about strengthening businesses within the markets they compete and
enabling them to grow – whether that growth comes through organic
measures such as new initiatives and product development,
day-to-day business, or through complementary acquisitions. Learn
more at www.volarisgroup.com.
About UbersmithUbersmith is a leader in
subscription management software for the cloud. Headquartered in
New York, Ubersmith provides billing, infrastructure and ticketing
solutions that are open, scalable and integrated. Organizations
worldwide rely on Ubersmith to better serve their customers and
better run their businesses. Ubersmith customers include DataBank,
Endurance, Grafana, Namecheap, NS1, T5 and WOW. For more, please
visit https://ubersmith.com
Contact Information Erini AndriopoulosDirector
of Marketing, Lumine Group erini.andriopoulos@luminegroup.com
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