Lucent Industries to Acquire Full Ownership of Mobavenue Media for ₹596.80 Crore
Lucent Industries, a major technology sector player, has announced plans to acquire full ownership of Mobavenue Media in a deal valued at ₹596.80 crore. This strategic move aims to strengthen Lucent's digital media presence, potentially expanding its footprint in digital advertising and marketing solutions. The acquisition is expected to enhance Lucent's capabilities in mobile advertising, expand its service offerings, and potentially increase its market share and revenue streams.