LumenVox and VoiceTrust merge operations
According to the announcement, this partnership will enable an acceleration of growth through the combination of VoiceTrust’s deep expertise of multi-modal biometric authentication and the high-performance core speech capability of LumenVox. The merger also creates scale, with resources and substantial funding availability to invest and innovate. The new company has a global presence with a talented workforce and an established partner ecosystem.
“With the combination of LumenVox and VoiceTrust we create a truly global provider of best-in-class speech and multifactor authentication solutions,” explains LumenVox CEO Edward Miller. “Through this unique combination we enable our customers to maximize return on investment and meet the highest standards of customer experience, productivity and security.”
“This merger of equals results in an extensive technology company with broader and deeper capabilities and offers,” added Bettina Stearn, Managing Director at VoiceTrust. “We rank among the top companies in our field, with global sales and support, complemented by partners and channels that amplify our strength, value proposition, and market reach.”
The new company will be majority owned by Dutch private equity firm Ramphastos Investments.