Lumina Datamatics acquires controlling stake in TNQTech, strengthening publishing innovation

Mumbai-based Lumina Datamatics, a leader in digital content services and technology solutions, has announced the acquisition of a controlling stake in TNQTech, a Chennai-based publishing technology company renowned for its AI publishing innovation. The agreement, finalized on December 9, 2024, marks a significant step in Lumina Datamatics’ strategy to solidify its position as a global publishing powerhouse.

TNQTech is a trusted name in scholarly publishing technology, offering advanced AI-enabled platforms that streamline the publishing process. The company is known for its patented innovations in publishing tools and its comprehensive end-to-end solutions, which serve commercial publishers, open-access platforms, and academic societies across Europe and North America.

Sameer Kanodia, Managing Director and CEO of Lumina Datamatics, emphasized the strategic benefits of the acquisition. He noted that combining Lumina Datamatics’ expertise in digital content services with TNQTech’s strength in AI publishing innovation would expand their workforce to over 6,500 employees worldwide. This integration, he said, would enhance their capabilities in managing the entire publishing workflow, benefiting some of the world’s largest commercial publishers and learned societies.

Mariam Ram, Managing Director of TNQTech, expressed enthusiasm for the collaboration. She highlighted the alignment between TNQTech’s focus on scholarly publishing technology and Lumina Datamatics’ commitment to innovation. Ram noted that TNQTech’s expertise in AI/ML models and data-driven solutions would complement Lumina Datamatics’ offerings, creating new opportunities to streamline and enhance the publishing process.

This deal reaffirms Lumina Datamatics’ leadership in AI publishing innovation, showcasing its commitment to leveraging technology to simplify and advance content workflows. By integrating TNQTech’s patented technologies with Lumina Datamatics’ established digital content services, the acquisition positions the combined entity as a global force in scholarly and commercial publishing.

About Lumina Datamatics

Lumina Datamatics provides digital content services and retail support solutions to leading global publishers and retailers. The company is known for its innovative platforms and partnerships with technology leaders, employing over 4,000 professionals worldwide.

About TNQTech

TNQTech specializes in scholarly publishing technology, utilizing AI and machine learning to develop efficient and innovative solutions. Its reputation as a pioneer in academic publishing technology has made it a key partner for publishers across Europe and North America.