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...
DEAL! AVEVA+Schneider, sorta

DEAL! AVEVA+Schneider, sorta

While you and I were at the beach or in the mountains, the lads and lasses at AVEVA have been busily negotiating a merger with Schneider Electric, one of the suitors that kept cropping up over the last couple of years. It’s a very complicated deal –and it...
AVEVA’s trading update: all going as planned

AVEVA’s trading update: all going as planned

AVEVA issued another one of its periodic trading updates last week: In a very brief statement, AVEVA said that it hasn’t seen any change in the business climate since its May report and that the continued strengthening of the British pound continues to drag down...
AVEVA grows its steel fab offerings, acquires FabTrol

AVEVA grows its steel fab offerings, acquires FabTrol

It’s not even dawn here in Boston and I’m at the airport, waiting to board a flight to Las Vegas and the Hexagon user conference — and this comes into the inbox on my phone: AVEVA will acquire FabTrol Systems, Inc. from the Dowco Group of...
AVEVA F15 meets expectations, not in talks

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...
Calm down; AVEVA not acquired (yet?)

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 today on the London Stock...
AVEVA teases that fiscal 2015 wasn’t as bad as feared

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...