Industrial software maker AVEVA said today that it is buying American firm OSIsoft for $5 billion in efforts to expand its position in the technology sector. Cambridge-based AVEVA will pay OSIsoft $4.6...
The deal is expected to face regulatory challenges due to potential antitrust implications
The regulator is seeking comments on the impact of the deal on competition in the UK
The company is betting $28 billion on remote working
OneWeb's emergence from bankruptcy means buyout by the UK government and Bharti Global can go ahead.
Both firms expect the deal to close at the end of 2021