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2014/09/11/(Thu)

Luminator Technology Group Acquires Axion Technologies [IT]

Luminator Technology Group (LTG) is pleased to announce the acquisition of Axion Technologies.

Axion Technologies was founded in 1974 and designs, manufactures and supplies advanced Passenger Information, Communication and CCTV systems for the Mass Transit Industry.

The acquisition of Axion will enhance our Mass Transit portfolio and augment our offering in the passenger information and communication systems.

With the integration of Axion Technologies into the LTG family, "I am pleased to announce the appointment of Carl Cassista to the position of President for LTG Global Rail reporting directly to me," said Avi Zisman, CEO of Luminator Technology Group.

LTG will maintain our branding strategy of keeping the world-class products marketed under the Luminator, LAWO, Axion, Focon, Mobitec and TwinVision brand names independent to ensure continued support to our customers and maintain healthy competitiveness in the market place.

Through our individual brands and by combining our skills, experience and resources we will continue to provide the best and most comprehensive support to our customers operations worldwide.

Posted at 23:12

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