M&A Deal Summary

AVEVA Group Acquires OSIsoft

On August 25, 2020, AVEVA Group acquired software company OSIsoft from SoftBank and Mitsui & Co for 5.0B USD

Acquisition Highlights
  • This is AVEVA Group’s 5th transaction in the Software sector.
  • This is AVEVA Group’s largest (disclosed) transaction.
  • This is AVEVA Group’s 3rd transaction in the United States.
  • This is AVEVA Group’s 1st transaction in California.

M&A Deal Summary

Date 2020-08-25
Target OSIsoft
Sector Software
Buyer(s) AVEVA Group
Sellers(s) SoftBank
Mitsui & Co
Deal Type Divestiture
Deal Value 5.0B USD

Target

OSIsoft

San Leandro, California, United States
OSIsoft, Inc. is a provider of real-time industrial data software and services. OSIsoft was founded in 1980 and is based in San Leandro, California.

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Buyer(S) 1

Buyer

AVEVA Group

Cambridge, United Kingdom

Category Company
Founded 1967
Sector Information Technology
Employees6,500
Revenue 1.2B GBP (2022)
DESCRIPTION

AVEVA Group is a engineering design and information management solutions for the plant, power and marine industries. AVEVA Group was incorporated in 1967 and is headquartered in Cambridge, the United Kingdom.


DEAL STATS #
Overall 7 of 7
Sector (Software) 5 of 5
Type (Divestiture) 2 of 2
State (California) 1 of 1
Country (United States) 3 of 3
Year (2020) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-05 8over8

Derry, United Kingdom

8over8 Ltd is a provider of contractual risk management solutions for organizations that design, build and operate high value assets in the Oil and Gas, Mining, Power & Utilities, emerging Smart Cities and Infrastructure projects.

Buy £27M

Seller(S) 2

SELLER

SoftBank

Tokyo, Japan

Category Company
Founded 1981
Sector Diversified
Employees80,909
Revenue 6.57T JPY (2023)
DESCRIPTION

SoftBank is a diversified telecommunications and internet corporation, with operations in broadband, fixed-line telecommunications, e-commerce, Internet, broadmedia, technology services, finance, media and marketing, and other businesses. SoftBank was founded in 1981 and is based in Tokyo, Japan.


DEAL STATS #
Overall 9 of 16
Sector (Software) 1 of 1
Type (Divestiture) 4 of 7
State (California) 3 of 4
Country (United States) 6 of 10
Year (2020) 1 of 3
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-24 Behavox

London, United Kingdom

Behavox Ltd. is an end to end data operating platform that uses machine learning and advanced analytics software to help alert companies to potential wrongdoing among employees. Behavox was established in 2014 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-17 Likewize

Southlake, Texas, United States

Likewize offers comprehensive protection against any technology disruption. Whether a device is lost, stolen, damaged, malfunctioning, in need of an upgrade or the user does not know how to do something, the company provides the solution. It operates in over 30 countries, resolving 250 million problems each year across insurance, warranty, repairs, trade-ins, recycling, and premium tech support. Likewize was founded in 1997 and is based in Southlake, Texas.

Sell -
SELLER

Mitsui & Co

Tokyo, Japan

Category Company
Founded 1947
Sector Diversified
Employees53,602
Revenue 13.32T JPY (2024)
DESCRIPTION

Mitsui & Co engages in the export, import, wholesale, and retail of steel products; steel processing; mining and sale of iron ores; and sale and trading of ferrous scrap and alloy products and chemicals, energy, food, food & retail management, healthcare & service, consumer business, IT & communication business, corporate development business. Mitsui & Co was founded in 1947 and is based in Tokyo, Japan.


DEAL STATS #
Overall 11 of 14
Sector (Software) 1 of 1
Type (Divestiture) 7 of 9
State (California) 2 of 2
Country (United States) 6 of 8
Year (2020) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-18 Mitsui Alimentos

Santos, Brazil

Mitsui Alimentos Ltda. is a coffee roaster and exporter emerged in 1974 from the merger of two companies. One existing in Brazil since 1959, in Dracena (interior of São Paulo), which was called Yoshioka & Cia, and was from a family of Japanese immigrants that was dedicated to the purchase, processing of coffee and other cereals for the domestic market and for export.

Sell R$210M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-26 Totam Seeds B.V.

's-Gravenzande, Netherlands

Totam Seeds B.V. is a seed breeding company of tomato seeds for regular professional and illuminated greenhouse cultivation, specialized in the development of tomato varieties consisting of superior taste, top quality, and high yield. Totam Seeds was founded in 2010 and is based in 's-Gravenzande, Netherlands.

Buy -