Tag Archives: AVEVA

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 … Continue reading

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 … Continue reading

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. … Continue reading

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