The Service of the Commission for the Protection of Competition has received a notification of a concentration according to Section 10 (4) of the Control of Concentrations between Enterprises Law of 2014, concerning the acquisition of the share capital of OSIsoft Software LLC by Schneider Electric SE, via Aveva Group plc
Schneider Electric SE is a company duly registered in accordance with the laws of France and is active in the provision of electrical equipment and software solutions for energy management and automation.
Aveva Group plc is controlled by Schneider Electric SE and is duly registered in accordance with the laws of England and Wales of the UK and it is registered in London’s Stock Exchange. It is active in the development of mechanical and manufacturing software.
OSIsoft Software LLC is a company duly registered in accordance with the laws of the State of Delaware of the U.S.A and is active in the development of software for the management of real time operational data.