Vespa Capital portfolio company, Lumi has acquired the market leading tablet solution from Feedback Italia to build on its in-person experience for meetings
Lumi, the global provider of compliant AGM events and member meetings, has acquired Feedback Italia’s market-leading digital tablet solution to heighten the in-person meeting experience for attendees. The new tablet offering and associated IP will boost the on-premise capabilities of Lumi’s platform, synchronising verification details and streamlining meeting elements such as registration.
Having led the charge with the adoption of virtual meeting technology, Lumi’s latest product development signals its commitment to enhancing the in-room experience of AGMs and meetings worldwide.
Lumi works with over 5,000 organisations around the world, as well as the majority of the FTSE100 which includes the likes of BP, HSBC, EasyJet, IBM and Marks and Spencer, to deliver member and shareholder events with patented technology. Providing hybrid and in-person meetings, 2021 so far has been the busiest year on record for Lumi with its team hosting over 2,600 virtual or hybrid meetings globally for more than 128,000 participants across the first half of the year.
Feedback Italia’s pioneering hardware will synchronise personal identification and shareholder validation seamlessly into the Lumi platform, making the process of registering delegates easier and more secure for businesses. Retail shareholders and institutional investors attending meetings will now also benefit from easier access to important meeting information via the tablets. Lumi has purchased the complete market-leading solution from Feedback Italia and further developed the product to be fully hybrid compatible, so those attendees not in the room can also benefit from the same innovative in-person technology.
Richard Taylor, Lumi CEO said: “Over the last 18 months, the priority for businesses worldwide has been shifting to virtual meetings as the pandemic put a stop to in-person events. As things begin to return to normality, many companies are looking forward to getting back to interacting with shareholders both in the room, and on a hybrid basis. Our latest product development will streamline on-premise processes for issuers, making it easier to register and verify shareholders whilst also boosting the experience and levels of engagement investors can have.”
“Hybrid is here to stay and Feedback Italia's tablets will provide Lumi’s customers the ability to further incorporate digital, integrated solutions to effectively and intuitively run meetings. Acquiring Feedback Italia’s world leading tablets allows us to continue revolutionising how companies conduct critical and compliance-driven meetings, with innovative technology at the core", Taylor added.