Lumera completed the acquisition of AxyWare.

Lumera, a software company dedicated to the digital transformation of the European Life and Pensions industry, completed the acquisition of AxyWare, a well-established systems provider to Dutch pension funds. Financial terms were not disclosed. “The way we combine technology leadership with a solid understanding of our customers and their business has always made Lumera stand out. By teaming up with AxyWare, we know that the same success factors will apply in the Netherlands. Supported by their local customer partnerships, outstanding team of professionals and market expertise, we are perfectly positioned to serve Dutch customers and ensure their smooth transition to the new pension framework,” Mats Lillienberg, Lumera CEO.