# Schneider Electric completes acquisition of 60% stake in Aveva

Schneider Electric completed the combination of its industrial software business with Aveva, acquiring a 60% stake in the combined group.

- Type: Acquisition
- Announced: 2018-03-01
- Status: completed
- Products: industrial software
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (acquirer)
- [AVEVA](https://endata.com/companies/2049.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/article/technology/schneider-electric-acquires-60-percent-stake-in-aveva-idUSFWN1QJ0CP/), 2018-03-01: "ANNOUNCES COMPLETION OF THE COMBINATION BETWEEN SCHNEIDER ELECTRIC INDUSTRIAL SOFTWARE BUSINESS AND AVEVA"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.