Aveva

AVEVA Group plc is a British multinational information technology

AVEVA Group plc
company headquartered in Cambridge, United Kingdom. It provides
engineering and industrial software.

AVEVA grew out of the government-funded Computer-Aided Design Centre,

which was established in 1967. Type Holding company
(Public limited
AVEVA is listed on the London Stock Exchange and is a constituent of the company)
FTSE 100 Index. Traded as LSE: AVV (https://w
ww.londonstockexc
hange.com/exchan
ge/searchengine/se
Contents arch.html?lang=en
History &x=0&y=0&q=AVV)
Early history Industry Information
Acquisitions Technology
Schneider Electric’s Industrial Software Business Combines with Technology
AVEVA consulting
Stadium CAD/CAM Software
References Enterprise Asset
Management
External links
Manufacturing
Execution System
Enterprise
History Solutions
Founded 1967 (Cambridge)

Early history Headquarters High Cross,

Madingley Road,
The origins of AVEVA start in 1967 in Cambridge, UK, with the establishment
Cambridge, UK
of the Computer-Aided Design Centre or CADCentre as it was more
Area served Worldwide
commonly referred to, and later formally became. It was a government-funded
Key people Philip Aiken
research institute created by the UK Ministry of Technology, with a mission to
(Chairman)
develop computer-aided design techniques, and promote their take-up by
Craig Hayman
British industry. Its first director was Arthur Llewelyn, who initially contracted
(CEO)
out the recruitment and management of specialist staff to ICL.[2]
Products See below
The centre carried out CAD research, and some of its early staff members, such Revenue £499.1 million
as brothers Dick Newell and Martin Newell, went on to become well known in (2018)[1]
the worldwide CAD community. Dick Newell oversaw the creation of the Plant Operating £49.0 million
Design Management System (PDMS) for 3D process plant design. He later co- income (2018)[1]
founded two software companies – Cambridge Interactive Systems (CIS) which Net income £47.7 million
was known for its Medusa 2D/3D CAD system, and Smallworld with its (2018)[1]
Website www.aveva.com (ht
eponymous Smallworld GIS (Geographical Information System). Martin tp://www.aveva.co
Newell later went to the University of Utah where he did pioneering 3D solid m)
modelling work; he was also one of the progenitors of PostScript.[3]

CADCentre became a private company in 1983, was the subject of a management buyout[4] in 1994 and became a publicly
quoted company in 1996. It changed its name to AVEVA in 2001.[5]

Acquisitions
On 21 April 2004, the company acquired Tribon Solutions, a global supplier of Tribon, software for shipbuilding and
marine design, for US$35 million. The acquisition was completed on 19 May 2004.[6]
On 31 March 2005, the company acquired Realitywave, Inc., developers of a web collaboration and streaming
platform, for £3.2 million.[7]
On 30 March 2009, AVEVA announced the acquisition of iDesignOffice Pty Ltd, an instrumentation engineering
technology company based in Melbourne, Australia, specialising in products for plant and marine industries.[8]
On 3 June 2010, AVEVA Solutions Ltd, a wholly owned unit of AVEVA Group plc, announced the acquisition of
Logimatic’s MARS business from Logimatic Holdings A/S for GBP12.8 million. This acquisition was completed on 30
June 2010, and MARS products and services were merged into AVEVA's Enterprise Solutions Group and aligned with
its flagship AVEVA NET solution.[9]
On 3 June 2010, AVEVA Solutions Ltd acquired the oil and gas business from ADB Systemer AS, a Sola-based
provider of operations integrity management software aimed at owner operators in the oil and gas industry.[9]
On 3 October 2011, AVEVA announced the acquisition of LFM (Light Form Modeller) software division of Z+F UK
Limited, which allowed it to expand into the 3D data capture market.[10]
On 23 May 2012, AVEVA announced the acquisition of the Belgium and Germany-based Bocad group of companies,
a provider of building information modeling[11] software for GBP14 million. The acquisition strengthened AVEVA's 3D
structural detailing capabilities for the plant, marine and construction markets.[12]
On 17 December 2012, AVEVA announced the acquisition of all assets relating to the advanced visualisation and
simulation software of Huntsville, Alabama-based Global Majic Software, Inc.[13]
On 5 January 2015, AVEVA announced the acquisition of Derry-based 8over8 Limited for GBP26.9 million. 8over8
provides contract risk management software - ProCon - for the oil, gas and mining, and other infrastructure
industries.[14]

Schneider Electric’s Industrial Software Business Combines with AVEVA

On 1 March 2018, AVEVA agreed to merge with France-based Schneider Electric's industrial software business.[15]
Schneider Electric is now the largest shareholder with a 60% ownership interest.[16]

Stadium
In 2019 in Houston, Texas, a new stadium bearing the company's name was inaugurated and became home of the
professional rugby team the Houston SaberCats.[17]

References
1. "Annual Report 2018" (https://www.aveva.com/-/media/RedesignV2/English/Pages-Template/Investors/Financial-Res
ources/2018_AVEVA_Annual_Report_and_Accounts.pdf) (PDF). Aveva. Retrieved 15 March 2019.
2. "Design disciplines" (https://books.google.com/books?id=hRoCtFl1DX4C&pg=PA480&lpg=PA480&dq=Arthur+Llewely
n+CAD+CEntre&source=bl&ots=HMg7qa2XaB&sig=0CnoegyvN3hWGqhmi3OUQa8nC2o&hl=en&sa=X&ved=0ahUK
Ewjo75D_1KjTAhXBfFAKHbdoBMQQ6AEIKTAB#v=onepage&q=Arthur%20Llewelyn%20CAD%20CEntre&f=false).
New Scientist. 25 November 1976. Retrieved 15 April 2017.
 3. Petersen, J.K. (2002). The Telecommunications Illustrated Dictionary (https://books.google.com/books?id=YH_LBQA
AQBAJ&pg=PA526&lpg=PA526&dq=martin+newell+postscript&source=bl&ots=2eSVRfWnvU&sig=cqOfLT7sWjFG9J
ZtjXgDruQ2Jc4&hl=en&sa=X&ved=0ahUKEwimwvnm1ajTAhVGU1AKHe9eDsIQ6AEIRDAE#v=onepage&q=martin%
20newell%20postscript&f=false). CRC Press. p. 526.
4. "AVEVA – 3D with a difference | Cambridge-news.co.uk" (http://www.cambridge-news.co.uk/Business/Technology/Ave
va.htm). Cambridge-news.co.uk. Retrieved 24 October 2011.
5. "Cadcentre broadens out as Aveva" (http://citywire.co.uk/wealth-manager/news/cadcentre-broadens-out-as-aveva/a2
23839). Citywire. 23 May 2001. Retrieved 25 July 2018.
6. "Aveva buys Tribon for £19m" (http://citywire.co.uk/money/breaking-news-aveva-buys-tribon-for-19m/a256852).
Citywire. 21 April 2004. Retrieved 6 April 2012.
7. "Viva Aveva!" (http://citywire.co.uk/money/viva-aveva/a266141). Citywire. 18 May 2005. Retrieved 6 April 2012.
8. "Aveva acquires IDO software from iDesignoffice" (https://archive.is/20130505093036/http://source.theengineer.co.uk/
software-and-communications/design-software/aveva-acquires-ido-software-from-idesignoffice/335895.article). The
Engineer. 31 March 2009. Archived from the original (http://source.theengineer.co.uk/software-and-communications/d
esign-software/aveva-acquires-ido-software-from-idesignoffice/335895.article) on 5 May 2013. Retrieved 6 April 2012.
9. "AVEVA Acquires Logimatic's MARS Business and Oil and Gas Business of ADB Systemer AS" (http://www.deskeng.
com/articles/aaaxgh.htm). Desktop Engineering. 7 June 2010. Retrieved 6 April 2012.
10. "AVEVA acquires the LFM software division of Z+F UK" (http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_i
d=4555852). ShareCast. Retrieved 25 October 2011.
11. "Innovation and Creativity with BOCAD Software" (http://www.mssa.org.my/site/index.php?option=com_content&view
=article&id=94&Itemid=153). mssa.org.my. Retrieved 23 May 2012.
12. "AVEVA acquires BOCAD" (https://archive.is/20130218013145/http://bus-fin.globalprintmonitor.info/index.php/en/busi
ness-a-finance/companies/3474-aveva-acquires-bocad-). globalprintmonitor.info. 23 May 2012. Archived from the
original (http://bus-fin.globalprintmonitor.info/index.php/en/business-a-finance/companies/3474-aveva-acquires-bocad
-) on 18 February 2013. Retrieved 23 May 2012.
13. "AVEVA acquires Global Majic's simulation software suite" (http://www.mining.com/web/aveva-acquires-global-majics-
simulation-software-suite/). mining.com. 17 December 2012. Retrieved 17 December 2012.
14. "AVEVA Acquires Software Business 8over8 For GBP26.9 Million" (http://www.morningstar.co.uk/uk/news/AN_142044
8980596350400/aveva-acquires-software-business-8over8-for-gbp269-million.aspx). morningstar.co.uk. 5 January
2015. Retrieved 5 January 2015.
15. "Aveva set to be acquired by Schneider Electric" (https://www.ft.com/content/83086b72-0f7b-385f-aed5-3626a810491
6). Financial Times. 4 September 2017. Retrieved 19 March 2018.
16. "Schneider Electric Press Release" (https://www.schneider-electric.com/ww/en/documents/financial2/2018/03/01-closi
ng-aveva-se-software-tcm50-366577.PDF) (PDF).
17. "SaberCats fall to Seawolves in first match played at AVEVA Stadium" (https://www.chron.com/sports/article/SaberCat
s-fall-to-Seawolves-in-first-match-played-13765913.php). Houston Chronicle. 13 April 2019. Retrieved 15 April 2019.

External links
AVEVA global expansion strategy in Latin America, China and India on track. (http://www.businessweekly.co.uk/hi-tec
h/11888-record-breaking-aveva-set-for-further-global-expansion)
The Telegraph – 2 Oct 2011 AVEVA threatens to leave UK over 50p tax (https://www.telegraph.co.uk/finance/newsbys
ector/industry/8800891/Aveva-boss-threatens-to-leave-UK-over-50p-tax.html)

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