Ventyx, a provider of software solutions for the utility industry, has agreed to acquire Tech-Assist, a Maryland-based software firm.
Financial terms were not disclosed. The deals is expected to close in the first quarter of next year.
“Tech-Assist adds key plant operations capabilities to our solution set, and their elite staff of engineers and consultants bring an unparalleled wealth of expertise in both plant engineering and software design, particularly in the nuclear market,” said Greg Dukat, chief executive officer of Ventyx. “The resulting combination will make Ventyx the clear choice for companies looking to increase the performance of a single plant or an entire fleet.”
