Software companies Indus, MDSI to become Ventyx

RP news wires, Noria Corporation

Vista Equity Partners, a $1 billion private equity investment firm based in San Francisco, on March 29 announced the rebranding of its recently combined Indus/MDSI portfolio company as Ventyx, effective April 2, 2007.

 

The new brand is designed to signify the company's position as a leading service delivery management (SDM) solution provider. Ventyx unites the leading provider of best-of-breed customer, asset and field service management solutions with the dominant player in enterprise workforce management, resulting in a comprehensive and robust suite of SDM solutions.

 

"The consolidated offerings of Indus and MDSI provide a synergy enabling a whole new level of service delivery management capabilities,” said Greg Dukat, president and CEO of Ventyx. "The new name represents the value and vision we continue to put into our comprehensive offerings and the execution, excellence and expertise we bring to the table to help drive value for our clients. We're pairing the name with the tagline, 'A New View of Service Delivery,' to emphasize our unique offerings and their impact on the market.”

 

Ventyx chief operating officer Vince Burkett added, "The Ventyx name represents the unique combination of innovation and experience our company provides to deliver proven, transformational results for our clients. We have numerous clients who have documented significant increases in productivity and lower costs through improving asset performance and streamlining the supply chain. Our solutions are helping them ensure customer satisfaction and loyalty, enhance workforce efficiency and maximize overall financial performance.”

 

Ventyx corporate headquarters are in Atlanta, with satellite offices in the United States, Canada, Europe and Asia-Pacific.

 

New EVP and CTO
Ventyx also announced the appointment of Steve Carpenter as executive vice president and chief technology officer. Carpenter has more than 12 years in software development and business management in the software industry. He comes to Ventyx from Infor, where he was the vice president of development for ERPLN. Prior to that position, he served in various development and management roles at Baan and subsequently at SSA Global after its acquisition of Baan, as well as at Aurum Software and Antalys Inc. He graduated from the University of Wisconsin with a B.S. in Computer Science.