Cambridge, MA -- June 5, 2014 – MIDIOR Consulting announced today that it has reached a definitive agreement to acquire Stages of Innovation (SOI), a tactical innovation firm that focuses on helping Fortune 2000 companies uncover revenue- generating opportunities with new products. The terms of the agreement were not disclosed.

SOI, based in the New York metro area, helps B2B companies rapidly identify incremental ideas for new products, validating those with the greatest potential and turning them into revenue generating opportunities. The company is best known for its STInnovation™ method, which through its tactical tools provides the foundation for product groups to identify and act upon new sources of sustainable revenue by redefining current capabilities. “I look forward to being part of a world class firm that will leverage our proven tool set to help clients implement a model of tactical innovation that focuses on near-term results”, said Robert Goldberg, SOI’s Managing Partner. A benefit to clients will be MIDIOR’s strength in technology services that will better inform and support product investment decisions that emerge from the SOI ideation process.

“I am excited to have Rob and the SOI team join MIDIOR to expand our industry focus in delivering the support that product organizations need to optimize people and processes across the product lifecycle”, said Susan Loconto Penta, Co-founder and Managing Partner at MIDIOR. “Our combined strengths in innovation and product management will help clients identify new opportunities for growth and build highly effective product organizations to make the right product decisions along the way.” 

MIDIOR is a professional services firm delivering value for clients by unleashing the power of their products and platforms. MIDIOR supports product and platform teams through insight and analysis, product development and management expertise, and technology and data services. Our integrity, candor and diligence set the standard for service delivery and our deep respect for people, complemented by our dedication to the community, are woven into the fabric of our culture.

Stages of Innovation LLC (SOI) is a tactical innovation firm serving mid to large sized (Fortune 2000) B2B companies that seek to build incremental revenue through adjacent and non-core business expansion without disrupting their main activities. www.stagesofinnovation.com.

Media Contact: Nora Gildea