Leading global innovator of business analytics software and technologies for smart wet infrastructure, Innovyze, and XP Solutions, a leading provider of software solutions for stormwater and floodwater modelling and drainage design based in Portland, Oregon, United States (U.S.) disclosed that their companies have joined.
The merge integrates two of the most powerful and recognisable names in the water and wastewater industry, and creates a winning combination. Moving forward, the enlarged company will operate under the Innovyze name, and will be able to deliver the most complete wet infrastructure modelling and management solutions as well as support all technology platforms ranging from workgroup management all the way to ArcGIS-centric, AutoCAD-centric, GIS-based, Web-based, and standalone geospatial solutions.
Dr Paul F Boulos will be the Chief Executive Officer (CEO) of the newly merge company, with Colby T Manwaring serving as President.
“Joining forces with XP Solutions will help us further enhance our technology innovation and talent pool to even better serve our fast-growing customer base,” Boulos said. “By combining two companies with complementary businesses and a reputation for excellence in the modelling industry, we will be able to provide a broader range of products and services to address the needs of our customers across the spectrum globally. This is an ideal match of culture and technology, and a great win for the critical water and wastewater industry. Our convergence of world-class applications makes us a stronger, even more stable vendor with complementary product attributes; broader, more comprehensive functionality; accelerated innovation delivery; and globally available resources for purchases, support and training. Our customers will have access to an extended partner ecosystem and a broader pool of trained users. They will also have improved access industry best practices and technical support services across multiple products with lower total deployment, ownership and maintenance costs. Our customer commonality will speed the delivery of those benefits. Because our customers are and will continue to be our best ambassadors, the end result will be more of everything.”
“I am genuinely excited about the combination of XP Solutions and Innovyze,” Manwaring added. “This is a tremendous opportunity both to grow the range of our software solutions, and to expand into new geographies with the combined excellence of both companies. We are looking forward to delivering new heights of excellence for our customers, their communities and the environment.”
The combined company will continue to provide customer support and development from its current area of operations in Australia, the United Kingdom (U.K.), and the U.S.