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AVEVA and OSIsoft Combine Accelerating Digital Transformation of Industrial World

Combined Product Offering to Support Customers in Optimizing Operations, Driving Sustainability and Creating Greater Value

25th August 2020 – AVEVA, a global leader in industrial software, and OSIsoft, a global leader in real-time industrial data software and services, have announced an agreement for AVEVA to acquire OSIsoft for $5.0 billion. AVEVA and OSIsoft will combine their complementary product offerings, bringing together industrial software and data management to help customers in industrial and essential organizations accelerate their digital transformational strategies as efficiency, flexibility, sustainability and resilience become increasingly urgent requirements for customers.

OSIsoft’s data management software will complement AVEVA’s comprehensive end-to-end engineering, operations, and performance offerings. Integrating OSIsoft’s PI System into AVEVA’s comprehensive software portfolio will create an integrated data foundation that can drive big data, Cloud and AI-driven insights to create meaningful business outcomes for customers. This combination enables AVEVA to grow and diversify the industries it serves as well as continue to expand its footprint in existing and new markets and geographies.

Together, AVEVA and OSIsoft can provide full-stack solutions that span edge, plant, and enterprise deployment models, strengthening AVEVA’s position as a global leader in industrial software. With a combined 93 years of operating expertise and experience, they share a history of meeting the rapidly changing and evolving needs of their industrial customers, built on foundations of customer centricity and world-class talent. In addition to sharing a complementary solutions portfolio, this transaction further validates AVEVA’s leading position in digitization and IIoT.

OSIsoft’s PI System enables customers to collect, normalize, store, and stream real-time, high-fidelity operational data to applications, analytics, and AI and ML platforms. PI System acts as a single system of record for operations data, designed for massive cloud-enabled scale and data sharing across enterprises, and enables insightful operations decision making. OSIsoft works with over 1,000 of the world’s leading power and utilities companies, 38 of the Global Fortune Top 40 oil and gas companies, all of the Global Fortune Top 10 metals and mining companies, 37 out of 50 of the world's largest chemical and petrochemical companies and 9 out of 10 of the Global Fortune Top 10 pharmaceutical companies.

Building Stakeholder Value and Improving Sustainability

The complementary product offerings of AVEVA and OSIsoft will allow the combined company to continue to generate significant value for its stakeholders by creating new opportunities for innovation using new and emerging technologies. The two product suites are open and interoperable, and many customers leverage both solution sets today. As a combined entity, AVEVA and OSIsoft can further deliver on their sustainability goals, driving significant benefits and value for their customers. With broader, deeper scale and scope to lead the digital transformation of the industrial sector, the combined company will drive greater efficiencies and sustainability for many diverse essential industries, including consumer packaged goods (CPG), pharmaceutical, water and wastewater, and utilities, creating strengthened product offerings.

Commenting on the agreement, Craig Hayman, CEO of AVEVA, said: “Combining AVEVA and OSIsoft is yet another significant milestone in our journey to achieving the ambitious growth goals that we have set. This will not only help us serve existing customers better but also open the flood gates to new opportunities which will accelerate the delivery of our digitization vision. Data has been enabling organizations to more effectively determine the cause of problems by allowing them to visualize what is happening in different locations, departments and systems.  This agreement will enable our customers to improve business processes as well as eliminate inefficiencies. We are extremely proud to be moving into the next chapter with an even stronger solutions portfolio as well as an ever-increasing and robust customer base which continues to make us leaders in our sector.”

OSIsoft founder and CEO Dr. J. Patrick Kennedy added: “Joining forces with AVEVA enhances and extends our ability to deliver on our key commitments to our customers, partners and employees. Together we will be better able to service the largest digital transformation projects in history, including across industry 4.0+ and IIoT. AVEVA’s interest in OSIsoft is a testament to our talented team, and the extraordinary value of the PI System as the real-time streaming data infrastructure that powers the industrial world. Today’s announcement is the culmination of a thoughtful search for a respected organization that would mesh with our own strong mission- and customer-driven culture.The next chapter in PI’s fifth decade will be exciting for our employees and customers, and I look forward to my continued involvement in my new role as the largest individual shareholder in the combined company and as Chairman Emeritus to ensure we realize the full benefits of this transaction.”

AVEVA劍維軟件以50億美元收購OSIsoft，聯合推動工業數字化轉型

組合產品支持客戶優化運營，推動可持續發展并創造更大價值

2020年8月25日消息，全球工業軟件領導者AVEVA劍維軟件與實時工業數據軟件和服務全球領導者OSIsoft宣布達成一項協議，AVEVA劍維軟件將以50億美元的價格收購OSIsoft。隨著效率、靈活性、可持續性和彈性成為客戶越來越迫切的需求，AVEVA劍維軟件和OSIsoft將整合其互補產品，將工業軟件和數據管理結合起來，幫助工業和重要組織中的客戶加快其數字化轉型戰略。

OSIsoft的數據管理軟件將納入AVEVA全面的端到端工程、運營和績效產品。將OSIsoft的PI系統（Plant Information System）集成到AVEVA劍維軟件的綜合軟件產品組合中，將創建一個集成的數據基礎，可以推動大數據、云和人工智能驅動的洞察力，為客戶創造有意義的業務成果。這一并購使AVEVA能夠發展和多元化其所服務的行業，并繼續擴大其在現有和新市場及地區的覆蓋范圍。

AVEVA劍維軟件和OSIsoft可以聯合提供涵蓋邊緣、工廠和企業部署模型的全棧解決方案，鞏固AVEVA劍維軟件作為工業軟件全球領導者的地位。兩家公司擁有加起來長達93年的運營專業知識和經驗，在以客戶為中心和世界一流人才的基礎上，他們有滿足工業客戶快速變化和發展需求的歷史底蘊。除了共享互補的解決方案產品組合外，該交易還進一步證明了AVEVA劍維軟件在數字化和工業物聯網領域的領先地位。

OSIsoft的PI系統使客戶能夠收集、規范、存儲實時、高保真的運營數據，并將其傳輸到應用、分析、人工智能和ML平臺。PI系統作為運營數據的單一記錄系統，專為支持大規模云的規模和跨企業的數據共享而設計，并支持深刻的運營決策制定。OSIsoft與1000多家世界領先的電力和公用事業公司、全球財富40強石油和天然氣公司中的38家、所有全球財富10強金屬和礦業公司、37家全球最大的化學和石化公司以及9家全球財富10強制藥公司合作。

為利益相關方創造價值并增強可持續性

AVEVA劍維軟件和OSIsoft的產品互補將使合并后的公司通過利用新興技術創造新的創新機會，繼續為其利益相關方創造重大價值。這兩個產品套件是開放且可互操作的，許多客戶現在都在使用這兩個解決方案。作為一個合并的實體，AVEVA劍維軟件和OSIsoft可以進一步實現他們的可持續發展目標，為客戶帶來巨大的利益和價值。憑借更廣泛、更深入的規模和范圍來引領工業領域的數字化轉型，合并后的公司將為許多不同的垂直行業帶來更高的效率和可持續性，包括消費品包裝、制藥、水和廢水處理以及公用事業，從而創造更強大的產品供應。

AVEVA劍維軟件首席執行官Craig Hayman評論表示：“AVEVA劍維軟件和OSIsoft的合并是我們實現既定宏偉增長目標之旅的又一個重要里程碑。這不僅有助于我們更好地為現有客戶服務，還能打開新機遇的大門，從而加快我們數字化愿景的實現。數據使組織能夠更有效地確定問題所在，使他們能夠直觀地看到不同地點、部門和系統中發生的情況。該協議將使我們的客戶能夠改進業務流程并消除低效。我們非常自豪能夠憑借更強大的解決方案組合和不斷增長的強大客戶群進入下一個篇章，這將繼續使我們成為我們行業的領導者。”

OSIsoft創始人兼首席執行官J. Patrick Kennedy博士補充說：“與AVEVA劍維軟件攜手合作，增強和擴展了我們向客戶、合作伙伴和員工履行我們重要承諾的能力。我們一起將能夠更好地為歷史上最大的數字化轉型項目提供服務，包括橫跨工業4.0和工業物聯網。AVEVA劍維軟件對OSIsoft的興趣證明了我們團隊的才華橫溢，以及PI系統作為支持工業界的實時流數據基礎結構的非凡價值。今天這個宣布是對一家受人尊敬的組織進行深思熟慮的最終結果，該組織將與我們自己強大的使命和客戶驅動文化相呼應。PI第五個十年的下一篇章對我們的員工和客戶而言將是令人興奮的，我期待著作為合并后公司的最大個人股東和名譽董事長，繼續我的新角色，以確保我們實現此次交易的全部利益。”