Aveva is in exclusive talks to buy SoftBank-backed OSIsoft

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[CAMBRIDGE] Aveva Group is in advanced talks to acquire industrial software maker OSIsoft for about US$5 billion, according to people familiar with the matter. Read more at The Business Times.

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Aveva, which combined with Schneider Electric's industrial software arm in 2018, has entered exclusive talks about a purchase of OSIsoft and could announce a deal within weeks, said the people, who asked not to be identified because the matter is private.

 

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