Quickie: AVEVA shareholders approve sale to Schneider Electric
Quickie: AVEVA shareholders approve sale to Schneider Electric I hope you had a wonderful, restful weekend! While some of us were enjoying turkey and trimmings, AVEVA’s minority owners approved a sale of their shares to Schneider Electric (SE). This ends the...
4+ on a Friday, earnings edition: Addnode, AspenTech, Cadence and Schneider Electric
4+ on a Friday, earnings edition: Addnode, AspenTech, Cadence and Schneider Electric So much news this week! A quick recap: Addnode gets two spaces in this roundup, one for acquisition and the other for earnings. First, the company announced that it has acquired JBL’s...
Schneider Electric to buy rest of AVEVA
Schneider Electric to buy rest of AVEVA Schneider Electric announced today that it is going to go ahead with its plan to buy the 40% or so of AVEVA that it doesn’t already own. The company said that it will offer AVEVA shareholders £31 per share, which would...
Super-quick: Schneider Electric may buy the rest of AVEVA
Super-quick: Schneider Electric may buy the rest of AVEVA Morning news troll. AVEVA shares up 30% — why? A tiny bit of surfing tells me that Schneider Electric says it is considering a possible offer to acquire the 41% of outstanding shares in AVEVA that it does...
AVEVA’s CQ2 revenue down/flat cc but ARR up
AVEVA’s CQ2 revenue down/flat cc but ARR up AVEVA released one of its quick-and-cryptic investor communications this morning. It said revenue in the June quarter declined at “a mid-single digit rate … on a constant currency basis” but was...
AVEVA has big Q4 but subs transition to slow F23 before picking up steam
AVEVA has big Q4 but subs transition to slow F23 before picking up steam AVEVA today gave a more extensive-than-usual financial update on fiscal 2022, the year ended March 31. We’ll get the full earnings release in early June, but the company disclosed today...
AVEVA gives trading update: all to plan
AVEVA gives trading update: all to plan AVEVA issued another one of its terse trading updates, saying that revenue declined “in the low single digits” from a year ago in the fiscal third quarter of 2022 (ended December 31, 2021), “given a very strong...
AVEVA’s trading update says H1 revenue up 9% cc
AVEVA’s trading update says H1 revenue up 9% cc AVEVA just issued another one of its periodic, very brief business updates, saying that AVEVA’s revenue grew by approximately 9% in the first half of the financial year on a pro forma organic constant...
