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AVEVA & OSIsoft combine to accelerate the digital transformation of the industrial world

  • AVEVA & OSIsoft combine to accelerate the digital transformation of the industrial world

About the entity

AVEVA
AVEVA creates industrial software that inspires people to shape the future. We believe industry advancement should enhance the human experience.

Themes

AVEVA has reached agreement to acquire OSIsoft, a pioneer and global leader in real-time industrial operational data software and services. This transformative deal for AVEVA, strengthens the company's position as a global leader in engineering and industrial software.

AVEVA and OSIsoft will combine to help customers in industrial and essential organizations accelerate their digital transformational strategies by driving greater efficiencies, lower costs, deeper data-driven insights, sustainability and business resilience.

Together, AVEVA and OSIsoft can provide full stack end-to-end solutions that span edge, plant, and enterprise deployments. With a combined 93 years of operating expertise and experience, they share a history of meeting the rapidly changing and evolving needs of their industrial customers, built on a foundation of customer centricity and world-class talent. In addition to sharing a complementary solutions portfolio, this transaction further validates AVEVA’s leading position in digital transformation and the industrial internet of things.

AVEVA and OSIsoft have complementary product offerings which will allow the combined company to generate significant value for shareholders by creating new opportunities for innovation using new and emerging technologies. The two software portfolios are source-agnostic and interoperable; many customers leverage both solution.

As a combined entity, AVEVA and OSIsoft can further deliver on their sustainability goals, driving significant benefits and value for their customers. With a broader, deeper scale and scope to lead the digital transformation of the industrial sector, the combined company can drive greater sustainable efficiencies for many diverse essential industries, including consumer packaged goods (CPG), pharmaceutical, water and wastewater, and utilities, creating strengthened product offerings.

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