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

Keywords: Industrial Enterprise Software, Asset Management, Work Management, Asset-Intensive, Energy, Mining, Public Infrastructure.

Ventyx, an ABB company, 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.

Reflecting the successful integration of these businesses, Ventyx 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).

ARC Advisory Group