AVEVA + Schneider a no-go

AVEVA + Schneider a no-go

In a very brief statement even by UK standards AVEVA just said, “Following the termination of the preliminary discussions between AVEVA Group Plc (“AVEVA”) and Schneider Electric SE, AVEVA has applied to the UKLA for the suspension of its shares to...
Deal and … maybe deal

Deal and … maybe deal

What happens when I spend the day on a plane? News! Briefly, AVEVA and Schneider Electric have resumed their tango. AVEVA today addressed press speculation by issuing an announcement that it was again in talks with Schneider Electric about a deal that would combine...
AVEVA’s FY16 was OK, despite end-market turmoil

AVEVA’s FY16 was OK, despite end-market turmoil

Most of the questions I am asked these days revolve around three things: the cloud, licensing models and how does the situation in end-market X affect vendor Y. Lately, X = oil and Y = AVEVA because of the massive uncertainty in the oil and gas world due to...
AVEVA and Schneider break up

AVEVA and Schneider break up

Word just came that AVEVA and Schneider Electric have decided to break off talks to merge/acquire one another’s software businesses. No real reason was given, just “unable to reach agreement and discussions have been terminated by mutual consent”....
AVEVA H1 results show possible bounceback

AVEVA H1 results show possible bounceback

AVEVA announced results for the first half of its fiscal 2015/2016 fiscal year that aren’t nearly as bad as some had suggested, given the company’s weighting towards upstream oil and gas. Lots more after I have a chance to listen to the earnings call...
AVEVA showcases toys & tech at World Summit

AVEVA showcases toys & tech at World Summit

Dubai is hot, both in temperature and in infrastructure buildup. If you followed along last week you saw the view from my hotel window: construction everywhere, towers rising in a no-mans land of scrubby desert. Where the buildings are finished, they’re surrounded by...