AVEVA – Schneider Electric Software Merger

Châteaubriant, September 2017

Impossible to go unnoticed! AVEVA and Schneider finally agreed on their software assets merger, after 2 years of discussions. This is the merger of Schneider Electric Software and AVEVA Group. Schneider Electric Software thus bought 60% of the capital. The aim of this merger is to create a new world leader in software for industrial installations digitalization.
The new AVEVA will now be able to offer solutions for process simulation, control command and maintenance, while keeping its well-known design solutions portfolio.This merger complements AVEVA’s portfolio of software solutions, enabling them to cover from CAPEX to OPEX phases for 50 years. AVEVA, which was beta testing its Software as a Service (SaaS) software, will also be able to take advantage of Schneider Electric Software’s advanced hardware. All with a turnover x 2.5 and a global situation reinforced, especially in North America with +500% of business in this area.

This merger is a good omen for ORINOX because we hope to benefit, in the mid-term, from the newmarkets brought by Schneider, allowing Orinox to develop associated services. AVEVA has taken a significant step forward which will allow us to intervene on a wider range of solutions and tools (BIM dimension), thus expanding our range of services.

Find out more by reading AVEVA‘s and Schneider Electric Software‘s official information. 

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