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’s trading update: all going as planned

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’s trading update: all going as planned

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...
AVEVA’s trading update: all going as planned

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’s trading update: all going as planned

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...
AVEVA’s trading update: all going as planned

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...
AVEVA’s trading update: all going as planned

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 reported strength in China, India and parts...
AVEVA World Summit highlights value of the digital asset

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...
AVEVA’s trading update: all going as planned

AVEVA’s H1 update = uh oh

AVEVA issues periodic trading updates in between the more formal and detailed announcements every six months. These interim press releases typically don’t say much — but every so often something interesting slips through. This time, the nuggets...