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 years. It’s a very complicated deal –and it...
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...
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...
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...
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 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...
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...
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 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...
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...
