© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Lazard Advises Planview’s Acquisition of Troux
Posted 24th June 2015

Lazard Advises Planview’s Acquisition of Troux

Lazard Advises Planview's Acquisition of Troux

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Lazard Advises Planview’s Acquisition of Troux

Lazard Advises Planview’s Acquisition of Troux

View Biography
Image

Financial Advisor to Troux

Planview® has acquired Troux™ to advance the company’s IT portfolio management offering and enable CIOs and other IT leaders to effectively manage the strategy and business of IT.

Bringing together Planview and Troux represents the industry’s first combination of market leading Project Portfolio Management (PPM) and Enterprise Architecture (EA) solutions. Together, these solutions provide IT leaders with a comprehensive approach that integrates strategic planning and execution with complete insight into architecture and technology.

Today’s IT organizations are under pressure given the escalating dynamics of the digital business economy. IT leaders continuously need to optimize all of their resources – people, finances, applications, services, products and technology. As a result, Enterprise Architects are transforming into champions of business outcomes, orchestrating technology and business model change through roadmaps and managing application and service portfolios.

Similarly, the role of project management offices (PMOs) is transitioning to focus on continuous portfolio planning to adjust priorities and ensure resources and work are delivering the most value to internal and external customers. As the Enterprise Architect and PMO roles evolve, there is an increased need to manage one IT portfolio that optimizes resources across strategy, execution and architecture.

“The traditional goal of IT alignment with the business is simply not good enough in today’s technology-driven economy,” said Gregory S. Gilmore, CEO of Planview. “Driving innovation and accelerating strategic and business outcomes must be the charter for IT. With Troux as part of Planview, we are taking portfolio management to the next level by giving IT leaders a way to manage one integrated portfolio that optimizes their resources for maximum business impact.”

With the acquisition of Troux, the newly combined entity creates a $150 million global company with close to 600 employees and more than 1000 enterprise customers. The Planview product line now spans project collaboration, resource and portfolio management, and enterprise architecture solutions.

“Joining Planview sets the stage for the next chapter for Troux and its customers,” said David Hood, CEO of Troux. “Planview is the right partner to take Troux forward. Our solutions are perfect complements and will provide a great combination for today’s IT leaders who are looking to integrate planning, execution, and architecture.”

By acquiring Troux, Planview continues its transformation as a provider of solutions to the enterprise, mid-sized organizations and teams. The company’s acquisition of Projectplace in 2014 brought to life its “No Matter How You Work” approach, which combines resource and portfolio management with project collaboration solutions to help IT and Lines of Business understand how their resources are being used across the organization.

Categories: Legal, M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Renewables:The Fastest Growing Energy Sector of 2015
Finance
28/10/2015Renewables:The Fastest Growing Energy Sector of 2015

The market for renewable energy in Europe is increasing rapidly, The EU is working to reduce the effects of climate change and establish a common energy policy.

Read Full PostRead - Eye Icon
Why Data Analytics Is Crucial For Business Growth
News
20/06/2022Why Data Analytics Is Crucial For Business Growth

In today’s increasingly competitive business world, data is the new gold. The wide availability of data that businesses generate contains game-changing insights. These may bring relevant information about your customer's buying behavior, preferences, and the

Read Full PostRead - Eye Icon
Simplified Skype for Business in Traditional Video Conferencing Environments
Innovation
09/11/2015Simplified Skype for Business in Traditional Video Conferencing Environments

Cyviz, a leader in visual collaboration and command and control systems, today announced that the company has developed a more intuitive, user-friendly way to incorporate the use of Microsoft’s Skype for Business (formerly Lync) in traditional video conferen

Read Full PostRead - Eye Icon
Providing a Positive Change
News
01/08/2019Providing a Positive Change

Intengine’s role is to help bridge the gap between shared social and environmental objectives, and the means and knowledge required to achieve their fulfilment.

Read Full PostRead - Eye Icon
Energy Development Corp Financing for Burgos Wind Farm Project
Finance
11/05/2015Energy Development Corp Financing for Burgos Wind Farm Project

In November 2014, Philippines renewable energy company Energy Development Corporation (EDC) signed a US$315m financing agreement with a group of foreign and local banks for the construction of the 150- MW Burgos Wind Project in Ilocos Norte.

Read Full PostRead - Eye Icon
Alibaba Group Signs Strategic Agreement With Shanghai Media Group
Strategy
04/06/2015Alibaba Group Signs Strategic Agreement With Shanghai Media Group

Alibaba Group Holding Limited announced today it has signed a strategic agreement with Shanghai Media Group

Read Full PostRead - Eye Icon
Mastering the Sales Funnel: A Guide for IT Development Companies
News
06/11/2023Mastering the Sales Funnel: A Guide for IT Development Companies

Article written by Alina Vasylenko, Business Analysis and Sales Management expert The art of selling isn’t just about making a pitch; it’s about guiding prospects through a carefully orchestrated journey.  The sales funnel, often termed the &#

Read Full PostRead - Eye Icon
Auditing culture, values and behaviours is essential in a #MeToo world
Leadership
22/03/2018Auditing culture, values and behaviours is essential in a #MeToo world

Within 10 days of the first tweet being posted, over 1.7m people in 85 countries had referenced #MeToo on Twitter. That number has now exploded and as a result, the hash tag has become the emblem of a global movement that is impacting businesses, countries and

Read Full PostRead - Eye Icon
Understanding VAT Assessments: Key Advice for Businesses
Finance
08/10/2024Understanding VAT Assessments: Key Advice for Businesses

Declaring and paying VAT is one of the many routine legal responsibilities resting on the shoulders of businesses.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow