Schneider Electric Swims Upstream with Aveva Merger
On 5 September 2017, industrial hardware and software provider Schneider Electric and engineering software firm Aveva Group announced a proposed merger. The deal is Schneider and Aveva’s third attempt to merge since 2015 and has required Schneider to separate out its software assets to facilitate integration.
Schneider is in the midst of a key transition towards a cloud–based computing, software as a service (SaaS) model. In this Research Note, Bluefield analyzes what this deal means for Schneider’s strategy and analytics in the water sector.