AVEVA continues to roll, we think

AVEVA continues to roll, we think

Jul 26, 2018 | Hot Topics

Schneider Electric released earnings this morning which now means that AVEVA also does, sort of. AVEVA says that it “made a solid start to the financial year” and that it “maintains a strong balance sheet and saw good cash generation in the [fiscal]...
AVEVA continues to roll, we think

Quickie: Historic AVEVA surged in FY18

Jun 14, 2018 | Hot Topics

AVEVA had an awesome fiscal 2018 (ended March 31). You’ll recall that the AVEVA merged with Schneider Electric Software earlier this year to create a much bigger company with software that reaches from plant design to operations. That combined group reported...
What the heck is CFIUS, anyway?

What the heck is CFIUS, anyway?

Mar 6, 2018 | Hot Topics

A few of you have written to ask why the approval of a US government agency called CFIUS held up the AVEVA/Schneider merger, and to ask why a US government body even cared about the combination of a UK-listed company and a Paris-listed company. Great questions;...
Quickie: AVEVA+Schneider=DONE

Quickie: AVEVA+Schneider=DONE

Mar 1, 2018 | Hot Topics

Finally, finally: AVEVA announced today that at 8AM UK time on March 1, 2018 it more than doubled in size with the addition of Schneider Electric’s software people and products. Ex-PTCer Craig Hayman, as expected, took over as CEO last week and had this to say...
What the heck is CFIUS, anyway?

Quickie: New AVEVA names new CEO — and he’s from PTC

Feb 1, 2018 | Hot Topics

Small world. AVEVA today announced that PTC’s Craig Hayman will become CEO of the entity that will be created once the merger of AVEVA and Schneider Electric’s software business has completed. Mr. Hayman starts on February 19, so the close seems imminent....
What the heck is CFIUS, anyway?

More AECish news, this time AVEVA and Hexagon

Jan 23, 2018 | Hot Topics

Goodness, but the AEC world is just crazy newsy right now. Two quick things: AVEVA announced yesterday that the first 9 months of its 2018 fiscal year were better than forecast due to improved execution, stabilizing end-markets and the signing of a...
AVEVA continues to roll, we think

Quickie: AVEVA + Schneider closing delayed

Dec 15, 2017 | Hot Topics

AVEVA just announced that it’s waiting on one last regulatory approval, from the US Committee on Foreign Investments (CFIUS), before the close if its merger with Schneider Electric’s software business. According to the press release, “AVEVA and...
AVEVA continues to roll, we think

Quickie: AVEVA announces “much improved” H1 2018

Nov 14, 2017 | Hot Topics

Super-quick, as I’m at Autodesk University: AVEVA reported today that revenue for the six months ended September 30 was £94 million, up 11% as reported and up 6% in constant currencies — a “much-improved performance”  in the first half of its...