AVEVA, a global leader in industrial software, and OSIsoft, a global leader in real-time industrial data software and services, have announced an agreement for AVEVA to acquire OSIsoft for $5.0 billion. British industrial software group Aveva on Tuesday announced it had agreed to buy US rival OSIsoft for $5 billion, as the coronavirus pandemic pushes clients to expand their online cloud services. The company’s PI System is known for its application as a single system of record for operations data, designed for cloud-enabled scale and data sharing across enterprises to enable more insightful operations decision making. Aveva’s acquisition of OSIsoft underscores its focus on the process industries in addition to its increasing focus on discrete manufacturing industries. The Schneider Electric industrial software business and AVEVA have merged to trade as AVEVA Group plc, a UK listed company. As part of this acquisition, Aveva will combine OSIsoft’s products with its own. Schneider, for example, agreed to buy RIB Software SE earlier this year and U.K. industrial software business Aveva Group Plc in 2017, and said it could do further such deals. Na OSIsoft, apoiar a jornada de nossos clientes para a excelência operacional é a base de tudo que fazemos. Aveva beat out several other industrial bidders for San Leandro, California-based Osisoft, including Emerson Electric Co., Bloomberg reported previously. In addition to sharing a complementary solutions portfolio, this transaction further validates Aveva’s leading position in digitization and IIoT (Industrial Internet of Things).”Aveva's Craig Hayman, Craig Hayman, CEO of Aveva, said, “Data has been enabling organizations to more effectively determine the cause of problems by allowing them to visualize what is happening in different locations, departments and systems. We use cookies and similar technologies to improve our website, to personalize website content to you,  and to deliver advertising messages and offers on content that are relevant to you. FactoryTalk; SAP. “The industrial sector is the last sector to be digitized at scale,” creating a sweet spot for Aveva, Chief Executive Officer Craig Hayman said in an interview. Aveva beat several other bidders for OSIsoft including the likes of Emerson Electric Co. More deals are expected going forward as industrial companies change focus to software-based automation which helps in the efficient running of machinery and factories. nervous about the neutrality of OSIsoft’s PI databases? Aveva beat out several other industrial bidders for San Leandro, California-based Osisoft, including Emerson Electric Co., Bloomberg reported previously. In a statement, Aveva pointed to strong growth this year at OSIsoft, "as the imperative for digital transformation has continued through the COVID-19 crisis". EAM; … (Bloomberg) -- Aveva Group Plc is in advanced talks to acquire industrial software maker OSIsoft LLC for about $5 billion, according to people familiar with the matter. J. Patrick Kennedy, OSIsoft's founder, will reportedly remain involved in the business through his appointment to the newly established role of chairman emeritus. “The industrial sector is the last sector to be digitized at scale,” creating a sweet spot for Aveva, Chief Executive Officer Craig Hayman said in … Kennedy declined to comment. emperor.works. ©2021 Emerson Electric Co. All rights reserved. The acquisition is expected to close in late 2020 or early 2021. As part of this acquisition, Aveva will combine OSIsoft ’s products with its own. OSIsoft is a leader in operational intelligence. For 40 years, OSIsoft’s PI System™ has been helping the world's leading industrial organizations access, visualize and leverage their operational data. ARC has been following both companies for many years. "There can be no certainty that the discussions between Aveva and OSIsoft will lead to any agreement concerning the possible acquisition," the company said. The rest of the transaction will be funded through debt. As part of this acquisition, Aveva will combine OSIsoft’s products with its own. Homepage; Our Business; Results Centre; Regulatory News; Financial Calendar; Online Annual Report; Financial Data; Environmental and Social Responsibility; Governance; Statutory and Policy Documents; IR Contacts; Email Alerts ; Rights Issue. Proficy Historian; Cimplicity HMI and SCADA; IBA. Aveva's Craig Hayman Aveva, a supplier of industrial software and services, has agreed terms to acquire OSIsoft, a supplier of real-time industrial data software and services for $5 billion. AVEVA, the industrial software company, announced on August 25, 2020, its intention to acquire OSIsoft from Dr. J. Patrick Kennedy and OSIsoft investors, including SoftBank, for $5 billion. Emerson Electric Co. AVEVA Group plc Rockwell Automation Inc. OSIsoft LLC ICONICS Open Automation Software Key Market Trends . The Schneider Electric industrial software business and AVEVA have merged to trade as AVEVA Group plc, a UK listed company. Integrating Osisoft’s PI System into Aveva’s software portfolio will reportedly create an integrated data foundation. Emerson Electric also considered an offer, people familiar with the matter said in June. Emerson Electric Co. also considered an offer, people familiar with the matter said in June. AVEVA, dont le siège social est situé à Cambridge (Royaume-Uni), emploie plus de 4 400 personnes sur 80 sites dans plus de 40 pays. … Emerson Process Management and performance management software vendor OSIsoft have announced continuation of their global value added reseller (VAR) agreement of the last three years. Will that make other industrial suppliers who partner with OSIsoft (Rockwell Automation, Emerson, et. Le CEO d'Aveva, Richard Longdon, a cependant précisé n'avoir reçu aucune offre formelle. “There can be no certainty that the discussions between Aveva and OSIsoft will lead to any agreement concerning the possible acquisition,” the company said. Aveva, which combined with Schneider Electric SE ’s industrial software arm in 2018, has entered exclusive talks about a purchase of OSIsoft and could announce a … Emerson Electric also considered an offer, people familiar with the matter said in June. AVEVA, a global leader in industrial software, and OSIsoft, a global leader in real-time industrial data software and services, have announced an agreement for AVEVA to acquire OSIsoft for $5.0 billion. Schneider Electric SE and Emerson Electric Co. are among manufacturing companies considering multibillion-dollar offers for industrial software maker OSIsoft … Not to be confused with AVEVA’s recent acquisition of OSIsoft for $5 Billion, Open Systems International, also known as OSI System, was acquired by Emerson for $1.6 Billion in the same week. Read More. Origine: Communiqué AVEVA. Cloud Deployment To Drive the Market Growth . (Bloomberg) -- Aveva Group Plc has agreed to buy Osisoft in a deal that gives the SoftBank Group Corp.-backed industrial software maker an enterprise value of $5 billion.About $4.4 billion of the deal will be paid in cash, funded by the balance sheet and a $3.5 billion rights issue, Cambridge, England-based The alliance of the two companies has included joint product development, and resulted in integration of more than 7,000 of Emerson’s DeltaV digital automation systems with the OSIsoft Real-time Performance Management Platform (RtPM). 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