Press Release | Ventyx Completes Mincom Integration

Ventyx Completes Integration of Mincom; Goes to Market as "Ventyx, an ABB Company"

Combined organization to lead Industrial Enterprise Software market

Date: February 6, 2012

ATLANTA — Ventyx, an ABB company, today announced it has completed the organizational integration of Mincom, a leading global supplier of enterprise asset and work management software, following the company’s acquisition last year.  The newly merged organization brings together three market-leading businesses – Ventyx, Mincom and ABB Network Control – to form a single, cohesive enterprise solutions organization under ABB, a global leader in power and automation technology. 

By merging the complementary, market-leading technologies of each organization, Ventyx has cemented its position as the leading provider of Industrial Enterprise Software for global companies within asset-intensive industries such as energy, mining 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 Jens Birgersson, CEO of Ventyx. “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.”

Reflecting the successful integration of these businesses, Ventyx today introduced its new brand identity – including a new logo and Web site at www.ventyx.com.  Bringing together all Ventyx solutions, services and expertise under one banner will deliver a number of advantages for customers:

• A broader breadth and depth of solutions and services.
• An expanded global footprint, with increased presence in all major markets worldwide.
• Comprehensive solutions addressing the full range of core asset-intensive industries.
• A better model of enterprise business solutions, one that takes a whole-systems approach to enterprise asset health.
• Increased integration between information technologies (IT) and operational technologies (OT).

“The Ventyx organization combines more than 120 years of collective experience in delivering enterprise solutions to asset-intensive organizations, and a combined portfolio offering an unparalleled range of innovative solutions for our customers,” said Birgersson. “Having completed the organizational integration of Mincom, Ventyx moves forward this year as a unified, cohesive operation across all key functions worldwide – including sales, customer support, R&D, product management and managed services.”

About Ventyx

Ventyx, an ABB company, is a world-leading supplier of Industrial Enterprise Software for essential industries such as energy, mining and public infrastructure. Ventyx solutions bridge the gap between information technologies (IT) and operational technologies (OT), enabling clients to make faster, better-informed decisions in both daily operations and long-term planning strategies. Some of the world’s largest organizations rely on Ventyx solutions to minimize risk, enhance operational and financial performance, and execute the right strategies for the future. For more details, see www.ventyx.com.