Cambridge, UK — On March 1, 2018, the AVEVA Group announced the completion of its merger with the industrial software business of Schneider Electric. This merger, originally announced in September 2017, brings together into one company AVEVA’s design, engineering and construction capabilities for capital assets with Schneider Electric’s industrial software business, including Wonderware and Citect. By combing these software assets into one company, AVEVA can accelerate how capital-intensive industries achieve digital transformation across the entire value chain, from design and commissioning, through operations.

The merged companies will operate as AVEVA, an independent software company, although Schneider Electric will remain as a majority shareholder.

Click here for more information on the merger.