Scaled Agile acquires California company

BOULDER — Scaled Agile Inc., provider of a software framework that helps companies become lean enterprises and improve employee engagement, has acquired Conteneo Inc., a California company that makes a platform for collaborative product market research.

Founded by CEO Luke Hohmann, Conteneo’s tools help companies think about strategy, conduct product market research, and generally foster better decision-making and budgetary strategies. In turn, this helps companies innovate and deliver better solutions to market more quickly.

“Luke and his team have developed some of the most advanced strategy formulation, product research, decision-making, and participatory budgeting tools known to the market,” Dean Leffingwell, Scaled Agile’s co-founder and chief methodologist said in a written announcement. He said the Conteneo’s tools will help Scaled Agile customers develop better strategy and solutions.

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“Everything we do is about making teams more successful and more skilled to tackle the most pressing problems with confidence,” said Hohmann. “As part of Scaled Agile, we’ll have the opportunity to bring our skills and tools to some of the largest — and increasingly the most Agile — organizations on the planet. We couldn’t be more excited about this opportunity.”

At Scaled Agile, Hohmann will join the team that develops and advances the Scaled Agile Framework. “Luke is a visionary when it comes to helping organizations put ideas into action,” said Chris James, president of Scaled Agile.

Conteneo will continue to operate its current business and support its current customers as a wholly owned subsidiary of Scaled Agile Inc.