Innovise takes on Pivetal assets
Brierley Hill-based Innovise has acquired the intellectual property assets of Pivetal, headquartered in Southampton. Innovise has purchased the assets, which were recently placed into liquidation, to form a new business unit within its Enterprise Service Management (ESM) division.
AIM-quoted Innovise provides software solutions and IT services.
Its ESM division helps large enterprises to manage complex IT systems by providing a range of solutions based on technology from global vendors such as CA, HP and IBM, as well as fast-growing providers such as Service-now.com.
Innovise said that it will hire a new team of ten senior software engineers and will continue to deliver and develop the Pivetal product set from offices in Southampton and the Innovise technology centre in Mumbai.
Mike Taylor, chief executive officer of Innovise, said: "Innovise ESM is a specialist in the ITSM space and works extensively in the financial and telecoms markets. The addition of the proven Pivetal product sets will enable us to cross-sell to existing customers and to achieve value-adding integration with solutions from the leading partners that we work with in these markets."
