Innovyze and XP Solutions Merge
The New Innovyze Combines Two of the Most Powerful and Recognizable Names in the Marketplace; A Winning Combination for the Critical Water and Wastewater Industry
Broomfield, Colorado, USA, May 16, 2017 – Innovyze, a leading global innovator of business analytics software and technologies for smart wet infrastructure, and XP Solutions, a leading provider of software solutions for stormwater/floodwater modeling and drainage design headquartered in Portland, Oregon, announced today that their companies have joined. The expanded company will operate under the Innovyze name going forward. As the new expanded Innovyze, they will be able to offer the most complete wet infrastructure modeling and management solutions and support all technology platforms from workgroup management to AutoCAD-centric, ArcGIS-centric, GIS-based, Web-based, and stand-alone geospatial solutions. Dr. Paul F. Boulos will be Chief Executive Officer of the new combined company and Colby T. Manwaring, P.E. will serve 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,” said Boulos. “By combining two companies with complementary businesses and a reputation for excellence in the modeling 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 to 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.”
Added Manwaring, “I am genuinely excited about the combination of XP Solutions and Innovyze. 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 operations in United Kingdom, the United States, and Australia. About Innovyze Innovyze is a leading global provider of wet infrastructure business analytics software solutions designed to meet the technological needs of water/wastewater utilities, government agencies, and engineering organizations worldwide. Its clients include the majority of the largest UK, Australasian, East Asian and North American cities, foremost utilities on all five continents, and ENR top-rated design firms. Backed by unparalleled expertise and offices in North America, Europe, and Asia Pacific, the Innovyze connected portfolio of best-in-class product lines empowers thousands of engineers to competitively plan, manage, design, protect, operate, and sustain highly efficient and reliable infrastructure systems, and provides an enduring platform for customer success. For more information, call Innovyze at +1 626-568-6868, or visit www.innovyze.com. About XP Solutions Established in 1974, XP Solutions is a global provider of industry-standard sustainable drainage design software and stormwater and flood modeling/mapping software for the civil engineering and environmental sectors. Our reliable software technology and professional solutions are used every day around the world by government agencies, engineering companies and environmental management organizations to plan, design, simulate and manage the impact of human interaction with the natural world. XP Solutions brings over 40 years of experience in developing and supporting professional software systems devoted to improving our use and understanding of water resources, and has expanded its expertise to include a broader scope of designed infrastructure. From designing drainage systems and managing water quality, to mapping flood risk and emergency response and road and site design, our solutions provide our clients with the efficient tools needed to promote safer communities, sustain ecosystems, optimize infrastructure investment, and manage environmental impact. For more information, call +1 888-554-5022 or visit www.xpsolutions.com. Innovyze Contact: Rajan Ray Director of Marketing and Client Service Manager Rajan.Ray@innovyze.com +1 626-568-6868
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