UK's AVEVA to buy US technology group OSIsoft in $5bn deal

clock • 2 min read

SoftBank-backed industrial data processor OSIsoft to be snapped up by AVEVA in a deal expected to be completed by the end of this year

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 OSIso...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Schneider Electric, Siemens Energy listed as MOVEit hack victims

Hacking

Energy sector providers investigating hacking claims by Clop gang

clock 28 June 2023 • 2 min read
France's Schneider Electric to buy UK software company Aveva for £9.4bn

Mergers and Acquisitions

Schneider currently owns about 60% of industrial software company Aveva, puts in offer for remaining 40%

clock 22 September 2022 • 3 min read

Leadership

From Google to SoundCloud to the UK's biggest software company, Caoimhe Keogan is all about bringing humanity to the workplace

clock 04 May 2021 • 7 min read
Most read
01

Cabinet Office terminates £9m Microsoft deal

16 February 2024 • 2 min read
02

Microsoft announces critical zero-day Exchange bug

16 February 2024 • 1 min read
05

Cisco cuts more than 4,000 jobs

15 February 2024 • 3 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Mergers and Acquisitions

Cisco-Splunk deal: Europe sets March deadline for antitrust decision

Cisco-Splunk deal: Europe sets March deadline for antitrust decision

The regulator is currently scrutinising whether the acquisition might negatively impact competition

clock 12 February 2024 • 3 min read
HPE to buy Juniper Networks for $14bn

HPE to buy Juniper Networks for $14bn

Juniper's stock jumped 22% on the news

Gina Narcisi
clock 09 January 2024 • 2 min read
SonicWall snaps up zero-trust firm Banyan

SonicWall snaps up zero-trust firm Banyan

Second acquisition for SonicWall in two months

Kyle Alspach
clock 03 January 2024 • 1 min read