Tag Archives: AVEVA

AVEVA F15 meets expectations, not in talks

For those of you who are wondering: AVEVA still hasn’t been acquired. In fact, CEO Richard Longdon told CNBC and told that reporter that “there’s  nothing to say” about a possible acquisition and that AVEVA is not talking with Schneider, GE or Emerson … Continue reading

Calm down; AVEVA not acquired (yet?)

People, breathe. The Financial Times yesterday ran a story about AVEVA, saying that several companies were in the running to acquire it. That led to all sorts of speculation in the media, which sent AVEVA’s share price up 10% or so … Continue reading

AVEVA teases that fiscal 2015 wasn’t as bad as feared

AVEVA releases periodic updates, really little more than place holders, to tell investors how things are going and what they can expect to hear in the upcoming formal earnings release. Today, AVEVA’s  Trading Update said that the fiscal year ended March 31 was “in line … Continue reading

AVEVA sees challenges in oil & gas, growth in power vertical

Surprising, well, no one, AVEVA Group today said that parts of its business are “significantly more challenging due to the well-documented budget constraints among Owner Operator customers in the Oil & Gas industry”. On the plus side, its Engineering & Design … Continue reading

AVEVA snaps up 8over8 for contract execution management

Happy new year! It’s always exciting to start afresh and AVEVA gets 2015 off to a roaring start with the first PLMish acquisition of the year: it snapped up 8over8 Limited for its ProCon capital project risk management software platform. 8over8 says it’s … Continue reading

AVEVA announces H1, inline with September reset

AVEVA today announced fiscal H1 2015 revenue of £86 million, down 21% year/year — basically as announced in October. The good news: no new bad news. I still need to parse the details, but at a high level: The company … Continue reading

AVEVA World Summit highlights value of the digital asset

I was in Berlin last week, a fascinating city to host one of the plant/marine engineering world’s premier events: the AVEVA World Summit.  The Summit brings together designers, constructors, operators and owners from across the world and across industries, to share … Continue reading

AVEVA’s H1 update = uh oh

AVEVA issues periodic trading updates in between the more formal and detailed announcements every six months. These interim press releases typically don’t say much — but every so often something interesting slips through. This time, the nuggets aren’t joyous. In … Continue reading

AVEVA kicks off earnings amid takeover rumbles

PLMish results start in earnest this week, as both PTC and Dassault Systèmes talk about their June quarter results. But AVEVA kicked things off in their uniquely British way last week, updating us on how things are going so far in fiscal … Continue reading

AVEVA’s marine woes may be over, eyes acquisitions in FY15

New product gaining traction in the market? Check. Problematic end-industry apparently reviving? Looks like it. Costs under control? Yup. More acquisitions? Yes, please. AVEVA’s recent earnings announcement hit all the high notes and investors loved it, sending the share price … Continue reading