Strategic data collaboration can bring the world together
Schneider Electric Acquisition
We are pleased to confirm that Schneider Electric, a leading global industrial company specializing in digital automation and energy management, completed its acquisition of AVEVA on January 18, 2023.
As part of Schneider Electric, AVEVA’s strategic focus is on becoming the number one SaaS provider of software for industrial information and the digital twin, enabling the industrial metaverse. We believe the acquisition will enable us to accelerate this transition.
Since 2018, Schneider Electric has been a supportive shareholder and partner in the strategic development of AVEVA, most recently in the acquisition of OSIsoft.
As the world transitions towards a net-zero future, customers are increasingly turning to industrial software to find greater efficiency and sustainability. AVEVA will continue to empower businesses to optimize how they work and collaborate with suppliers, partners, and customers. AVEVA’s unique partner system is an integral part of the company’s growth strategy.
Schneider Electric has confirmed its intentions to preserve AVEVA’s business autonomy and future R&D investments, and to enhance the potential benefits for customers, meeting their needs faster with a stronger portfolio of solutions.
For more information on today’s announcement, please click [ https://investors.aveva.com ].
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