Planview, a leader in Strategic Portfolio Management (SPM) and Digital Product Development (DPD), has completed its acquisition of Sciforma, a prominent provider of Project Portfolio Management (PPM) solutions. This move further solidifies Planview’s dominance in the enterprise portfolio management sector, enabling it to serve organizations at all stages of their PPM maturity journey.
“The acquisition of Sciforma reinforces our commitment to global portfolio management professionals,” said Planview CEO Razat Gaurav. “Together, we are creating the largest community of portfolio and product development experts, empowering organizations to meet their critical challenges.”
The acquisition significantly strengthens Planview’s presence in Europe, where Sciforma has a strong market position. Both companies will continue to offer their respective solutions while enhancing customer success services worldwide.
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Doug A. Braun, CEO of Sciforma, expressed enthusiasm for the acquisition, emphasizing the shared values between the two companies and the opportunities for innovation and growth it brings to their global customer base.
The combined offerings will provide unparalleled flexibility and coverage, helping organizations evolve their portfolio management capabilities with confidence.