Lucent Industries has announced the acquisition of 100% equity shares of Mobavenue Media, making it a wholly-owned subsidiary of the company.
This strategic investment aligns with Lucent’s long-term vision to expand its presence in digital technology, media, and data-driven performance marketing, the company stated.
Mobavenue, an AI-powered, cloud-based advertising and consumer growth platform, brings advanced capabilities that are expected to unlock significant synergies and long-term value for the company and its stakeholders, the statement added.
To help shareholders and stakeholders better understand Mobavenue’s business potential and future outlook, a detailed presentation highlighting its operations and growth strategy has been shared.
