Ventive, a custom software, platform, website, and application development, UX/UI design, data acquisition, Business Intelligence & CRM customization firm based in Boise, announced yesterday that it has acquired Pluto, an interactive product design, web development, digital strategy, and ecommerce product and service agency.
From the press release announcing the acquisition:
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 ability 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.”
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.