Innovyze, a provider of business analytics software and technologies for smart wet infrastructure, and XP Solutions, a provider of software for storm water/floodwater modeling and drainage design, announced 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 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. Paul F. Boulos will be CEO 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.”
Manwaring added: “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 the U.K., the U.S. and Australia.