Energy & Utility Industry News: Ventyx Acquires NewEnergy Associates

Creates Global Leader in Analytics and Applications Serving the Energy and Utility Industry

"By acquiring and combining these two industry leaders, Ventyx has further expanded our unparalleled capabilities and unmatched expertise in the energy and utility market," said Ventyx President and CEO Greg Dukat. "Furthermore, these acquisitions reflect our proactive strategy for growing our business in all of our key target markets. We will continue to proactively look for opportunities to expand and deepen our product offerings and expertise in all of our targeted asset-intensive industries, including energy, utilities, telecommunications, broadband and our commercial markets."

Constellation Energy (NYSE:CEG) today announced that its subsidiary, Constellation NewEnergy, has established a collaborative agreement with leading energy automation services provider EnergyConnect, Inc., a subsidiary of Microfield Group, Inc. (BULLETIN BOARD: MICG) . Constellation NewEnergy and EnergyConnect will work together to integrate external energy market information onto existing IT platforms for commercial buildings, providing much needed data to commercial and industrial customers managing energy spending in a high-priced and volatile climate.

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