Lumina Datamatics which is into content, retail support, and technology solutions, said it had acquired 100% stake in TNQTech, a Chennai-based publishing technology company and turned it it’s 100% subsidiary.“This transaction marks a significant milestone in Lumina Datamatics’ organic and inorganic growth strategy and positions the combined organization among the world’s largest providers of scholarly publishing solutions,” the company said.In December 2024, the company had signed a definitive agreement to acquire an 80% controlling stake in TNQTech. “With the acquisition of the remaining 20%, the transaction has now been completed, making TNQTech a 100% wholly owned subsidiary of Lumina Datamatics,” the company said in a statement.Sameer Kanodia, Vice Chairman and CEO, Lumina Datamatics & TNQTech, said, “The successful acquisition of TNQTech marks a defining milestone in our journey. Together, we have created a leading global partner for scholarly publishing solutions, combining deep domain expertise with next-generation AI technologies to help publishers transform their businesses.” “Our focus is on driving the next wave of growth through innovation, AI-led transformation, and strategic investments in technology,” he added.Mariam Ram, Founder and Director, TNQTech, said, “Becoming a part of Lumina Datamatics is the right step for TNQTech. Our technology and domain expertise align perfectly with their scale and reach in scholarly publishing.”“I am confident TNQTech’s people, products and customers are now in the hands of a reliable, trusted organization that will carry our vision forward while driving the next phase of innovation and growth,” she stated. The combined organisation will support publishers across the entire content lifecycle—from manuscript submission, peer review, and editorial workflows to production, digital publishing, accessibility, analytics, and AI-powered content enrichment. Published - August 06, 2026 09:12 pm IST