Novanta
Novanta

Novanta

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Novanta High Paying Jobs, Compensation Information and Expert Network Connections

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Cambridge Technology Partners was a software consulting company founded in 1991 in Cambridge, Massachusetts, U.S., by John J. Donovan; in 2001, it was acquired by Novell. In 2014 CTP was acquired by the French company Atos.

CTP was started as a division of Cambridge Technology Group. It was spun off and sold to Safeguard Scientific and others on February 23, 1991. The newly independent company named James Sims as CEO and Robert Gett as head of Technology and Consulting. Six months later, Safeguard bought out John J. Donovan.

CTP pioneered fixed time and price consulting services and Rapid application development, helping clients transform from mainframe-centric solutions to client-server architecture and packaged solutions.

In May 1993, CTP under the stock symbol CATP went public at $5 a share.

In 1999, it achieved peak revenues of $628 million, a market cap of ~$5 billion, and a global workforce of ~4000.

In 2001, Cambridge Technology Partners was acquired by Novell and became their e-services division. Novell felt that the ability to offer solutions was key to satisfying customer demand. The merger was apparently against the firm's software development culture, and the finance personnel at the firm also recommended against it. The CEO of CTP, Jack Messman, engineered the merger using his position as a board member of Novell since its inception and soon became CEO of Novell as well. He then hired back Chris Stone as vice chairman and CEO to set the course for Novell's strategy into open source and enterprise Linux. With the acquisition of CTP, Novell moved its headquarters to Massachusetts.

Highest paying job titles at Novanta include Vice President, Sales, Customer Service Manager, and District Sales Manager

Snapshot

Employees2,200
Market Cap$5.8 billion
Revenue$590.6 million
5 Year Trendarrow trend up+9.6%
Net Income$44.5 million
NASDAQNOVT
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Total value of jobs:
$21,815,000
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Total Jobs:
23
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Average Pay:
$128,323
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Total Experts:
3
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% Masters:
47%

Top Experts at Novanta

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High-Paying Jobs at Novanta

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Novanta Compensation

Vice President, Sales

$

$

Average Compensation:$NaN

Customer Service Manager

$90K

$125K

Average Compensation:$98,750

District Sales Manager

$

$

Average Compensation:$NaN

Manufacturing Engineer

$90K

$125K

Average Compensation:$95,000

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