Schneider Electric completes takeover of industrial software firm AVEVA
Schneider Electric has closed the previously announced deal to take full ownership of UK-based industrial software company AVEVA for £31 per share in cash. The deal, which was announced in September 2022, valued 100% of AVEVA at £9.48bn. Prior to it, Schneider Electric had a 59.1% stake in the British industrial software company. AVEVA’s software […]