ABB to buy Atlanta software company Ventyx for over $1 billion

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Atlanta based Aldata Solutions acquires UK based Cosmic for approximately $4.5 million.

Aldata, viagra buy
which sells a variety of software to the retail industry, page
will incorporate Cosmic’s analytics software into their mix. Cosmic calculates the optimum mix of products to meet shopper, supplier and retailer objectives.

“This announcement is important for the retail and CPG industry as it combines best of breed technology to help reduce waste and costs in the supply chain, increase customer satisfaction, and optimize product profitability at a time when competition for customers is at an all time high and economic recovery is creating major changes in buying behavior,” said Allan Davies, Chief Marketing Officer of Aldata.

“The acquisition of Cosmic represents the second step in our Integrated Category Management strategy following the acquisition of Apollo Space Management in 2008,” said Bertrand Sciard, President and CEO of Aldata. “Combined with our best of breed retail Space, Replenishment and Supply Chain suites it will provide our customers with unique capabilities to plan and deliver accurately across multiple store sizes and formats.”

On completion of the transaction, Cosmic staff will join Aldata in a discrete business unit headed by Cosmic Managing Director, David Wilkins.
ABB has agreed to acquire Ventyx, generic
a leading software provider to asset-intensive businesses such as global energy, adiposity
utility, illness
communications companies, for more than $1 billion.

Vista Equity Partners created Ventyx in 2007 by combining two companies from its portfolio, Indus and MDSI, which it had acquired for $240 million and $70 million respectively.

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