Toronto-based business planning software provider Vena said Tuesday it has entered into a definitive agreement to acquire Managility Pty Ltd., operating as Acterys, a leading Microsoft Power BI-based operational planning and app development platform.
Financial terms of the deal weren’t disclosed. The transaction remains subject to customary closing conditions and regulatory approval.
Serving more than 300 global organizations, Acterys enables CIOs, IT leaders, and business innovators to build and scale custom planning, analytics, and data applications within Power BI and Microsoft Fabric.
Vena says the acquisition of Acterys “unlocks a category-defining way for enterprises to combine planning, analytics, and application development within the Microsoft tools they already trust to run their business.”
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“Our vision has always been to help companies run better by connecting people, data, and processes,” Vena CEO Hunter Madeley said in a statement on Feb. 3. “With Acterys, we’re unlocking the full potential of the Microsoft ecosystem by helping enterprises that leverage Excel, Power BI, and other Microsoft technology to meaningfully increase the value they are creating for their teams, organization, and the customers they support.”
By combining Vena’s Excel-native financial planning and analysis capabilities with Acterys’ proprietary Power BI write-back engine and unified analytics within Microsoft Fabric, Vena says it’s creating the first Microsoft-native environment for Orchestrated Planning, an operating model that moves organizations beyond integrated planning into fully orchestrated and agentic AI-powered execution.
“Orchestrated Planning is the next stage in planning maturity. It harmonizes and automates every component of planning and execution cycles—people, processes, technologies, and data—ensuring the entire organization is empowered with insight and foresight, and that decisions and actions align with strategic goals. Where integrated planning connects plans, Orchestrated Planning aligns decisions and actions, turning planning and execution into enterprise-wide performance momentum,” Vena says.
“Together, Vena and Acterys bring Orchestrated Planning to life by giving finance and IT a shared, trusted environment to build, extend, and operationalize real-time functional and operational planning and scenario modeling at scale.”
While Vena equips finance with an Excel-native FP&A foundation powered by real-time data, Acterys provides IT with Power BI write-back and Fabric-based data analytics to connect financial models and purpose-built operational applications. The result is AI-powered planning that aligns strategy, systems, and execution across the enterprise, Vena says.
“Vena and Acterys bring together the best of both worlds—Excel for finance and Power BI for IT—to deliver a unified planning and analytics experience,” Acterys CEO Mike Zack said in a statement. “It’s the solution enterprises have been waiting for to align strategy, systems, and execution across the Microsoft stack.”
Both platforms are available via the Microsoft Marketplace, enabling faster procurement and, with Vena, direct Microsoft Azure Consumption Commitment decrements.
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