Valtari

Valtari Technologies, Inc.

Type	Public
Traded as	V
Industry	Information technology
Founded	1978; 54 years ago
Founders	Sarino Antellion Călian Veschertio Ronan Rentius
Headquarters	Venceia , Caphiria
Area served	Worldwide
Products	Software development Computer hardware Consumer electronics Social networking service Cloud computing Video games Internet Corporate venture capital
Revenue	$1.5 trillion

Valtari Technologies, Inc., is a multinational technology conglomerate based in Venceia, Caphiria. The company owns and operates social media company Thinkpages, the messaging and video conferencing app Nuntia, the consumer electronics retailer Electron, and the WorkSpaces X productivity software, among other products and services.

Valtari was founded in 1978 by Caphirian programmers Sarino Antellion and Călian Veschertio to develop software programs for the ITM Blue personal computers. Its first operating system, ValtariumDOS (VDOS), was a commercial failure despite gaining international coverage for its advanced features. In 1981, Urcean executive Ronan Rentius joined Valtari as its first outside chief executive. Under his leadership, the company released the Valtari-1000, a custom ITM Blue machine that came with Valtari WorkSpaces, a suite of office productivity tools aimed at office professionals. The Valtari-1000 became a best seller and one of the first mass-produced microcomputers. The company went public in 1984 and achieved instant financial success. On August 19, 1988, Valtari announced the VID Framework, an alliance with Kiravian software company IXCO Digital. VID's purpose was to create a unified, open-source digital framework for software and hardware products and provide interoperability globally. The VID Framework revolutionized the tech industry, with other companies and developers quickly adopting it as a universal standard. In the early 1990s, Valtari - still under Rentius' leadership, experienced significant growth, thanks in part to its dominant position in the PC software market. In 1993, Valtari purchased Codicis, an e-book and audiobook distribution service. Over an 8 year span, the company went on an aggressive acquisition spree and purchased 11 additional companies. On 3 January 2006, Rentius resigned amid rumored misconduct allegations.

On January 20, 2006, Kiravian businessman and entrepreneur Vidor Riśakarin was named the next chief executive of Valtari. Under Riśakarin, the company purchased Nuntia in 2009, an instant messaging and VoIP social platform. Valtari also rebuilt WorkSpaces from the ground up with its WorkSpaces X suite, offering word processing, spreadsheets, presentations, and collaborative tools. Valtari became the first software company in Caphiria to reach $1 billion in annual revenue in 2010. In 2011, Valtari acquired Electron, a consumer electronics retailer, for $8.4 billion.

Today, Valtari is one of the largest technology companies in the world and is considered one of the Big Three tech firms in Caphiria, alongside Petalstone Electronics and Arpal. In 2019, Kolm Èvxevma succeeded Riśakarin as Chief Executive, with Riśakarin's taking the title Strategic Executive Advisor. Co-founders Sarino Antellion and Călian Veschertio, with Riśakarin, remain employees, board members, and controlling shareholders of Valtari.

Organization

Valtari conducts most of its business through three main sectors: Consumer Technologies, Business Solutions, and Security & Identity.

Consumer Technologies

• Social Media and Communication
  • Thinkpages - a leading social media platform which facilitates users to interact and share content, including texts, photos, and multimedia. With features like 'friends', customizable privacy settings, and notifications, it provides an immersive social networking experience.
  • Nuntia - An integrated instant messaging and VoIP platform, Nuntia caters to both personal and professional communication needs. Its features promote seamless communication, whether through text chats, voice calls, or video conferencing.
• Digital Content and Retail
  • Codicis - Valtari's e-book and audiobook distribution service, Codicis offers a vast library of digital content. Its platform is designed for ease of use, allowing users to access and purchase content seamlessly.
  • Electron - Acquired by Valtari in 2011, Electron is a consumer electronics retailer. It provides a wide range of electronic products from various brands, making it a go-to destination for tech enthusiasts and general consumers alike.

Business Solutions

• Productivity and Collaboration
  • WorkSpaces X - Tailored for productivity, WorkSpaces X is a comprehensive software suite that includes word processing, spreadsheet, and presentation tools. Designed for both individual and collaborative tasks, it remains a favorite among professionals seeking efficient software solutions.
  • Legati - Encrypted internal communications system
• Data and Analytics
  • Praedico Analytics - Data visualization and business intelligence software
• Supply Chain and E-commerce Solutions
  • Tractare - Supply chain management and e-commerce platform

Security and Identity

• Custodia - Digital identity verification service

Corporate affairs

Board of directors

• Erithakur Sarsoveritan, Chairman
• Sarino Antellion, Executive Director
• Călian Veschertio, Executive Director
• Vidor Riśakarin, Executive Director
• Vithek Pasirendev, non-executive director
• Salverno Papolo, non-executive director
• Davran Caescanius, non-executive director
• Siomhe Brenner, non-executive director
• George Haymes, non-executive director

Executive management

The executive management team of Valtari consists of:

• Kolm Èvxevma, Chief Executive
• Vidor Riśakarin, Strategic Executive Advisor
• Ivalerio Antellion, Principal Executive of Operations