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  6. AVEVA Group Acquires RealityWave

M&A Deal Summary

AVEVA Group Acquires RealityWave

On May 18, 2005, AVEVA Group acquired internet software and services company RealityWave

Acquisition Highlights
  • This is AVEVA Group’s 1st transaction in the Internet Software and Services sector.
  • This is AVEVA Group’s 1st transaction in the United States.
  • This is AVEVA Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2005-05-18
Target RealityWave
Sector Internet Software and Services
Buyer(s) AVEVA Group
Deal Type Add-on Acquisition

Target

RealityWave

Cambridge, Massachusetts, United States
RealityWave, Inc. patented technology is a critical component of the VNET offering allowing users to efficiently access and manipulate large amounts of information (be it data or designs) by way of a unique streaming technology.

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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 2 of 7
Sector: Internet Software and Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 5
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2005 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-26 Tribon Solutions AB

Malmo, Sweden

Tribon Solutions AB is provider of software solutions for the shipbuilding industry.

Buy £19M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-23 Bocad Group of Companies

Ocquier, Belgium

Bocad Group of Companies is a provider of CAD/CAM solutions.

Buy -
Mergr

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