Today, we announced that we have reached an agreement to acquire OSIsoft, a global leader in real-time industrial data software and services. AVEVA’s and OSIsoft’s solutions will combine to create a leading Industrial Internet of Things (IIoT) portfolio.
This is a transformative deal for AVEVA, strengthening our position as a global leader in engineering and industrial software, and our commitment to leading the digital transformation of the industrial world by combining complementary product offerings, customer bases and industry focus.
With a combined 93 years of operating expertise and experience, AVEVA and OSIsoft share a legacy built on foundations of customer centricity and employing great people. Like AVEVA, OSIsoft has a solid reputation of being a trusted partner to the many organizations in its ecosystem. Our combined businesses will share customers across thousands of sites, in multiple industries, which provides deep insights and synergies, enabling product integration and customer value.
Today’s announcement is very exciting, but there remains a lot to finalize before the transaction can be completed. So, in the meantime it will be business as usual for us here at AVEVA. We will continue to provide the same level of support you have come to expect from us; and we will fully maintain and support our current services and solutions.
If you have any questions, please don’t hesitate to contact your AVEVA Account Manager, who will ensure that your questions are addressed as comprehensively as possible.
Thank you for your business and continued support. We look forward to working to deliver even more value for your business.
Chief Executive Officer