ABB completes acquisition of Mincom
Swiss engineering company ABB, through its subsidiary software developer Ventyx, announced that it has completed the organizational integration of Mincom, an Australian leading global supplier of enterprise asset and work management software, following the company’s acquisition in May 2011.
The newly merged organization, said the company, brings together three market-leading businesses, Ventyx (snapped up in 2010), Mincom and ABB Network Control, to form a single enterprise solutions organization under ABB, a global power and automation technology provider.
Jens Birgersson, CEO of Ventyx said that the merge cements the company’s position as a provider of industrial enterprise software for global companies within asset-intensive industries such as mining, energy and public infrastructure.
“Having fully integrated the Mincom organization, we are now proud to introduce the combined organization as Ventyx. Going forward we are strongly positioned to lead the Industrial Enterprise Software market, which will be mission critical for essential industries in achieving real-time communication and enterprise-wide system management to enhance reliability, efficiency and productivity,” said Birgersson.
“The powerful capabilities brought together in the new Ventyx portfolio will help our customers to effectively address strategic initiatives such as the smart grid, e-mobility, mining and logistics, and new legislation around safety and cyber security,” he added.
Reflecting the integration, Ventyx has introduced its new brand identity – including a new logo and Web site.