Indus and MDSI Become Ventyx(TM)
Vista Equity Partners, a $1 billion private equity investment firm
based in San Francisco, CA, today 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(TM)) 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 the most comprehensive
and robust suite of Service Delivery Management solutions available
today.
"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 which 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, GA., 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
VP of Development for ERP(LN). 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.
About Ventyx
Ventyx is the leading provider of proven Service Delivery
Management solutions which enable utility, communications and other
commercial field service organizations to optimize the management of
their customers, workforce, spare parts inventory, equipment, tools
and documentation -- empowering organizations to maximize efficiencies
in their customer relationships, facilities, workforce and field
service operations. With offices in North America, Europe, the Middle
East and Asia-Pacific, the company has more than 400 clients in select
asset-intensive service-based industries. For more information, visit
our Website at www.ventyx.com.
About Vista Equity Partners
Vista Equity Partners currently invests $1 billion in capital
committed to dynamic, successful technology-based organizations led by
world-class management teams with long-term perspective. Vista is a
value-added investor, contributing professional expertise and
multi-level support toward companies realizing their full potential.
Vista's investment approach is anchored by a sizable long-term capital
base, experience in structuring technology-oriented transactions, and
proven management techniques that yield flexibility and opportunity in
private equity investing. For more information, visit
www.vistaequitypartners.com.
Ventyx is a trademark of Vista Equity Partners. Other company and
product names may be trademarks of the respective companies with which
they are associated.