Q: What does it take to become a digital business? A1: It’s easy-peasy if you’re a newish company, with a digitally savvy workforce. Make some apps, roll them out to people who are used to doing everything on a tiny screen. Collect lots of data, quickly...
Over 99% of AVEVA shares voted in favor of the combination with Schneider Electric’s Software Business, the entity that includes SimSci, WonderWare and other software assets of Schneider Electric SE. According to the plan outlined earlier this month, that leaves...
A couple of people have gotten in touch about yesterday’s post, where I asked whether third time’s the charm for an AVEVA/Schneider Electric software deal. It’s important to note that: The only thing that could derail this combination now is if...
Yup, it’s a go: Schneider + AVEVA fast-tracked to close this year Yesterday’s news reports were correct: AVEVA today announced that it is combining with Schneider Electric’s software assets to create a much larger company, one that would have had...
While many of us Yanks were off celebrating the unofficial end of summer, the British and French were apparently hard at work. The Financial Times and other media report that AVEVA and Schneider Electric are about to announce yet another attempt at a merger...
There’s so much going on right now, between earnings, acquisitions and other news-worthy stuff, that I keep starting posts and having to move on before I can finish them. I will, I will! When, though … But many of you are asking about possible acquisition...
A couple of UK media outlets reported yesterday that Schneider Electric is considering once again making an offer for AVEVA. This is one such report, repeating what was in a Sunday Times (paywall) article. As before, such a deal would make a lot of sense: Schneider...
AVEVA just announced that, as expected, total revenue was up as reported but down in constant currencies, as the British Pound is weakened over Brexit uncertainties. In general, the results seem are due to slumping demand from companies that would normally use...
AVEVA today gave an update on its performance for the fiscal year that ended 31 March 2017. And it was, as usual, a terse 2-sentence statement: The Board is pleased to report that the Group’s results, assisted by positive currency translation effects, show a...
New Orleans, the Big Easy. Mardi Gras floats and beads, a “laissez les bonne temps roulez” readiness for anything. The French Quarter. Great food. Hurricane Katrina and its aftereffects, still felt 11 years on. And, for a few days recently, home to...
