TMCnet News
Ventive Acquires PlutoVentive, LLC, an award-winning custom software, platform, website, and application development, UX/UI design, data acquisition, Business Intelligence & CRM customization firm serving clients globally, today announced that it is acquiring Pluto, an interactive product design, web development, digital strategy, and ecommerce product and service agency, serving small, medium, and Fortune 500 companies, to further strengthen its ability to serve its rapidly growing client base and enhance its competitive position. The purchase of Pluto, based in Boise, Idaho, further increases Ventive's share in the digital product and custom software development markets. "Welcoming Pluto's talented team will provide our clients with an even higher level of innovative product design and support," said Jonathan Cardella, CEO of Ventive. "The acquisition is also expected to result in greater operational efficiencies and significantly increase our market share," added Andrew Beck, COO of Ventive. "A partnership was formed with Ventive to help Pluto broaden its aility to serve larger global clients," commented Justin Yonk, Managing Director of Pluto. "Our expertise in open source development, creative execution, and complex project management will complement Ventive's growth strategy, and we'll benefit by joining a larger firm with access to more resources." The integration of both companies will take place over the next several months. "Our clients will continue to receive the same high-quality design and development, digital strategy, website and mobile application support services, which they have come to expect," said Cardella. The acquisition was accomplished through direct partnership discussions lead by the internal operations teams at both Ventive and Pluto, who were able to quickly reach an agreement structure and finalize a deal benefiting both parties. Under the terms of the agreement, Ventive has agreed to acquire the assets of Pluto. Pluto will cease operating as a separate company upon completion of the integration and Ventive will serve Pluto's existing clients without disruption. About Ventive Ventive an award-winning custom software, platform, website, and application development, UX/UI design, data acquisition, BI & CRM customization firm serving clients globally. It is known for its innovative work for Aston Martin, Vacasa, Drake Cooper, Broadsoft, and others. Ventive employs 19 employees in Boise, Idaho, and 56 contractors globally. It has won numerous awards for its products and services. For more information about Ventive, visit its website at www.GetVentive.com. About Pluto Pluto creates interactive products and services, including website design and development, digital and ecommerce strategy and support, and mobile technology support, that help propel brands through the ever complicated digital landscape. It is known for its work supporting the JR Simplot Company, Balihoo, LiveStrong, and others. View source version on businesswire.com: http://www.businesswire.com/news/home/20170906005563/en/ |
