# AVEVA to acquire OSIsoft for $5.0 billion

AVEVA agreed to acquire OSIsoft, a provider of real-time industrial data software, for $5.0 billion. The combination aims to join AVEVA's industrial software portfolio with OSIsoft's PI System.

- Type: Acquisition
- Announced: 2020-08-25
- Value: $5.00B
- Status: announced
- Products: industrial software, PI System real-time data management software
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [AVEVA](https://endata.com/companies/2049.md) (acquirer)
- [OSIsoft](https://endata.com/companies/6941.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/aveva-and-osisoft-combine-accelerating-digital-transformation-of-industrial-world-811350692.html), 2020-08-25: "AVEVA and OSIsoft have announced an agreement for AVEVA to acquire OSIsoft for $5.0 billion."

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