Who owns wonderware

Terms were not disclosed in the announcement. As previously reported, Schneider Electric is in talks to acquire Invensys. They have a proven and experienced team who we are very happy to welcome to Invensys. They will continue to work with the same strong InduSoft team, and we will ensure they continue to receive the exceptional products and service they have come to expect from us. But now they will be backed by a company with global capabilities and an excellent worldwide reputation for providing industry-leading HMI, SCADA, historian, and advanced applications such as MES software and solutions.

InduSoft technology quickly makes us more competitive and gives us immediate entry to new customers and a stronger OEM sales channel, with a focus on machine builders and embedded systems.

We are confident it will make us much more attractive. Wonderware users will now be able buy industrial devices, machines, and computers with InduSoft software, while companies that are using InduSoft software will be able to expand their solutions with Wonderware supervisory, historian, and manufacturing operations management software.

In pre-announcement Sept. If you currently use InduSoft Web Studio products for high-end SCADA applications, you will continue to have a stable, high-quality platform with a full range of capabilities for industrial automation. InduSoft will continue to be managed by its existing executive team, adding employees to Invensys operations in the United States, Brazil, and Germany, according to the announcement.

Invensys is a global technology company with industrial and commercial customers, offering services and technologies that aim to optimize operational performance and profitability. As part of the merger, the Invensys products were split up into the various business groups under Schneider Electric. This led to all the Schneider Electric software solutions, Wonderware included, being managed by a new software focused business unit, appropriately named Schneider Electric Software.

In , AVEVA released a revolutionary computer based system called PDMS Plant Design Management System , that allowed designers to create a virtual 3D model of a processing plant leading to construction designs, material requirements and clash analysis. AVEVA was spun out of Cambridge University in the late s as a private company and became a publicly traded company in AVEVA and Schneider Electric recognized that in parallel to the industrial engineering and design world, is the operate and maintain aspect of industrial process automation.

Between these two disciplines, there are natural synergies, or areas where information can and should be exchanged to enhance the overall lifecycle of an industrial environment. This was the missing piece for their customers, the combination of solutions that could consume engineering data and return operational data into the engineering process.

Today, AVEVA is a world leading industrial and engineering software provider offering solutions that solve design, process, maintenance, training and information flow problems for customers globally in every industry. Automation software maker Wonderware Corp. More than 3. The announcement surprised analysts, who said Wonderware had not been looking for a buyer.

The deal, which has been in the works since late January, is expected to close in early April, officials said. Wonderware, which has about employees, including nearly in its Irvine headquarters, does not expect any layoffs, said Roy H.

Slavin, chairman and chief executive officer, who expects to stay on after the deal is closed. Siebe plans to raise the money for the buyout through its existing credit lines, and will begin a cash tender offer as soon as possible, officials said.

Wonderware has had a roller-coaster history.