Philip Aiken AM, Chairman, AVEVA Group commented, "'AVEVA's sustained performance and growth has laid the groundwork that enables the acquisition of a market leader such as OSIsoft. Our joint portfolio of offerings and potential new capabilities will help deliver AVEVA's long-term strategy for growth and market leadership in industrial software and information management by accelerating the solid growth trajectory and continuing to help customers on their digitalization journeys." Also commenting on today's announcement, CEO and Chairman of Schneider Electric, supporting major shareholder and alliance partner of AVEVA, Jean-Pascal Tricoire, said, "AVEVA and OSIsoft joining forces creates an industrial software and data leader. Through its extended ecosystem and broader, deeper portfolio, AVEVA delivers an enhanced level of efficiency to support the digital transformation of industries.