Aveva

Software giant Aveva Group lines up £2.8billion rights issue

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British software giant Aveva Group lines up £2.8billion rights issue to fund its takeover of American rival OSIsoft Investors can buy seven new shares for every nine they own at £22.55 each Aveva shares fell 2.1% to 4,118p following the news on Frdai morning By This Is Money Published: 11:11 GMT, 6 November 2020 | Updated: … Read more

Software firm Aveva expects £58m drop in sales

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Software heavyweight Aveva reveals drop in sales due to foreign exchange shifts and delayed contracts Aveva said it had completed the syndication of a £250m revolving credit facility Revenues in the six months to Sept 30 are expected to be around £333million  The FTSE 100 firm agreed two months ago to purchase OSIsoft for £3.8billion    … Read more

Aveva software chief who turned the tables on US rivals

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It’s the classic journey for a successful British technology business: company is established, grows quickly, raises money, earns a stellar reputation – before being bought by a larger American rival. The British founders get a large cheque and everyone seems happy.  But last week the tables were turned. This time it was a British software … Read more

Aveva is Britain’s most valuable software firm

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Making of a UK tech giant: Aveva is Britain’s most valuable software firm after swoop on US rival By Matt Oliver For The Daily Mail Published: 22:24 BST, 25 August 2020 | Updated: 22:26 BST, 25 August 2020 Aveva is poised to become Britain’s most valuable software company after it completed the £3.8billion takeover of … Read more

British software giant Aveva snaps-up American data company Osisoft for £3.8bn

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British software giant Aveva snaps-up Softbank-backed American tech company Osisoft for £3.8bn Together, the companies have 93 years of operating expertise and experience  Osisoft has 1,400 employees and its systems are used on 14,000 sites worldwide In the 12 months to June 30, Osisoft reported revenue of £373 million By Angelique Ruzicka For Thisismoney.co.uk Published: 13:14 … Read more

MIDAS SHARE TIPS UPDATE: Aveva gets lockdown boost

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MIDAS SHARE TIPS UPDATE: Software firm Aveva gets a lockdown boost By Joanne Hart, Financial Mail on Sunday Published: 21:56 BST, 18 July 2020 | Updated: 21:56 BST, 18 July 2020 Business have been talking about the wonders of technology for years but the Covid-19 pandemic has forced many to ‘go digital’ once and for … Read more