Third time lucky for schneider, as aveva finally succumbs. At the time, aveva chief executive richard longdon told the. In an orderly transition, longdon will remain as president for 12 months and current chief financial officer james and board member james kidd will take over as ceo. Aveva is listed on the london stock exchange and is a constituent of the ftse 100 index. Sep 04, 2017 aveva first announced it was in talks with schneider for a.
This strategic acquisition includes all intellectual property rights which will be used to support avevas growing simulation offering for plant owner operators. Richard longdon received an engineering training in the defence industry then gained experience in the project management of high value engineering projects. Schneider electric takes control of uk software firm aveva. Richard longdon, chief executive of engineering software firm aveva group plc is to quit the role at the end of the year. About aveva software jobs jobs in aveva software career. L to create a business active in sectors ranging from nuclear power to pharmaceuticals and. Longdon stepping down as aveva ceo business weekly. Richard longdon, ceo, aveva commenting on the acquisition, said, now more than ever before, our customers are seeking. Richard longdon is on the board of flying kiwi inns ltd. Process systems enterprise has announced that richard longdon, ceo of aveva group plc, the global provider of engineering software to the process industries, has been appointed as nonexecutive chairman of pse.
Results for the year ended 31 march 20 richard longdon chief executive james kidd chief financial officer derek brown head of investor relations. Aveva and schneider electric complete industrial software merger. Ideagen names former aveva ceo richard longdon as non. After all, what goes on at aveva, the international engineering design software development company, is hard to compress into a soundbite. Fabtrol is an obvious extension to our portfolio, positioning aveva to offer an endtoend solution for steel design, detailing and fabrication. See the complete profile on linkedin and discover richard s connections and jobs at similar companies. After almost 17 years at the helm, richard longdon is out as ceo at aveva, the process and power design software firm. The planned tieup between aveva and schneider electric was officially announced in september 2017 after previous attempts had failed ceo richard longdon, who was active at aveva for over 3 decades, stepped back in the summer of 2016 after a second failed merger attempt.
The agreement would also give aveva considerably more access to the american market. Our global blue chip customer base continues to entrust us with developing lifecycle engineering data management. Pa is combining its software operations with britains aveva avv. View richard longdon s profile on linkedin, the worlds largest professional community. Aveva grew out of the governmentfunded computeraided design centre, which was established in 1967. Jul 08, 2016 software group hit hard after calling off. Schneideraveva deal creates a global leader in software.
A new coo will be appointed from schneider software but will not serve on the board. Aveva, the engineering and software developer, has said that chief executive richard longdon is stepping down after 33 years at the company, weeks after another failed attempt at. Richard longdon is former president at aveva group plc. The announcement came as the firm said trading since its last update in may. Schneider electric takes control of aveva in software push.
Longdon spent 33 years with aveva group plc, where he. According to aveva ceo, richard longdon, the transaction will be transformational to aveva, creating a global leader in industrial software which will be able to compete better on a global scale. Engineering is a barometer of global trends and because so much of the worlds engineering relies on aveva technology, to see the encouragingly healthy state of this barometer you need look no further than avevas sustained growth and customer success. Aveva and schneider electrics industrial software business have completed their merger. British software maker aveva group plc said on friday chief executive richard longdon would step down after 17 years at the helm, just weeks after. Aveva group plc ceo richard longdon to quit at the end of the. The supplier of integrated risk management software said richard longdon will be joining ideagen as nonexecutive director on the same date. Richard longdon, ceo of engineering software group aveva, tells uk government to avoid trying to help businesses, because every time you do, you give us more problems. The industrial software assets that are on the table in this deal include, among others, the invensys software assets that schneider bought in 20. View richard longdons profile on linkedin, the worlds largest professional community. Aveva acquires global majics simulation software suite.
With our portfolio of innovative engineering and industrial software solutions, we not only revolutionize industries, but empower the people behind them. Jul 08, 2016 aveva, the engineering and software developer, has said that chief executive richard longdon is stepping down after 33 years at the company, weeks after another failed attempt at a merger with. Aveva is the worlds leading engineering it software provider to the plant, power and marine industries. Aveva chief richard longdon to step down after merger. Aveva group plc results for the year ended 31 march 2016 richard longdon chief executive james kidd chief financial officer. Oct 24, 2019 the supplier of integrated risk management software said richard longdon will be joining ideagen as nonexecutive director on the same date. Sep 05, 2017 when frances schneider electric first agreed to merge its software assets with aveva in. Richard longdon chief executive paul taylor finance director. More than 3d this refers to the non3d software applications in the aveva portfolio 6. Jul 20, 2015 schneider electric takes control of aveva in software push.
On top of now being part of a leading engineering and industrial software company, schneider electric is leading the way in the ongoing integration of the various levels in its roadmap. The transaction will be transformational to aveva, creating a global leader in industrial software, which will be able to better compete on a global scale. Our global blue chip customer base continues to entrust us with developing lifecycle engineering data management solutions that will keep their organisations at the forefront of these rapidly expanding. Obermatt winnerprofile for richard longdon aveva at the obermatt ceoofyear rankings. He joined aveva in 1984 and shortly afterwards was made marketing. Richard longdon appointed chairman of pse albion capital. The onoff marriage between aveva and schneider electric is definitely off again, apparently for good. Aveva group cadcentre bis 2001 rechtsform plc ftse. Jonathan wearing will step down at the end of november after 16 years, with former aveva group plc chief executive officer, richard longdon, replacing him.
Schneider electric to take majority stake in aveva the new. Richard longdon, chief executive of aveva photo by aveva aveva group plc announces that it has agreed to acquire fabtrol systems, inc. Aveva chief richard longdon to step down after merger talks. In an orderly transition, longdon will remain as president for 12 months and current chief financial officer james and board member james kidd will. Aveva set to unveil merger with schneiders software division. Aveva pulls plug again on talks with schneider business. Schneider electric to take majority stake in aveva the. Software maker avevas head to leave after failed schneider. Schneider to join its software assets with aveva profood. Mr richard longdon, chief executive, aveva group plc. Richard longdon personal appointments free information. Aveva group plc is a british multinational information technology company headquartered in cambridge, united kingdom.
In a reverse takeover of the british engineering software company, schneider electric will regroup the industrial software assets that made up much of its invensys acquisition two years ago into a larger industry proposition. He has held a number of senior sales and marketing roles with international companies. Schneider to join its software assets with aveva automation. Nov 12, 2012 richard longdon, ceo of engineering software group aveva, tells uk government to avoid trying to help businesses, because every time you do, you give us more problems. Avevas cuttingedge software solutions make assets and operations safer, more effective, and more sustainable. Aveva managed services limited 01653306 company status active correspondence address town house 49 high street, haslemere, surrey, united.
See the complete profile on linkedin and discover richards connections and jobs at similar companies. Longdon previously was chairman of process systems enterprise ltd. Aveva, which broke off talks in december that would have led to the british software producer. Aveva chief richard longdon to step down after merger talks fail. Richard longdon chief executive james kidd chief financial officer. Jul 20, 2015 frances schneider electric is combining its software operations with britains aveva to create a business active in sectors ranging from nuclear power to pharmaceuticals and less reliant on oil. Jul 20, 2015 this deal has a clear and compelling industrial logic, said avevas chief executive richard longdon, who will remain in charge of a group he has led since 1999. Aveva and schneider electric complete industrial software. In december, avevas stock plunged by more than 30pc when it reported that six months of talks over a possible tieup had collapsed. Richard longdon often when richard longdon meets people at social gatherings they dont really get what he does for a living, even after its been explained to them. Aveva chief executive richard longdon said the acquisition provides the software platform for aveva to address the current global need for. This acquisition provides the software platform for aveva to address the current global need for increased project control, capital discipline, minimising project overruns, and delivering improved efficiency in operations.
Commenting on the transaction, richard longdon, chief executive officer of aveva said. Aveva ceo richard longdon and the aveva board will remain in place with the addition of two schneider members when the deal closes, and the company will continue to. What schneider electric is thinking, however, has been a subject of considerable speculation. Jul 08, 2016 british software maker aveva group plc said on friday chief executive richard longdon would step down after 17 years at the helm, just weeks after reporting a second failed attempt to tieup with. Richard longdon, ceo, aveva, commenting on the acquisition, said, in 2012, aveva acquired the industrys most technically advanced steel detailing solution, bocad. The existing board of directors and management of aveva will remain in place on completion, including philip aiken, chairman.
Aveva boss quits after deal with schneider electric fails for. Aveva, the engineering and software developer, has said that chief executive richard longdon is stepping down after 33 years at the company, weeks after another failed attempt at a merger with. Aveva boss quits after deal with schneider electric fails. List of obermatt pins for achieved performance in the competition uk 200 ranking, united kingdom. Richard longdon ideagen, a global supplier of integrated risk management software, has announced a new board appointment following the retirement of one its nonexecutive directors. Schneider electric to take majority stake in aveva.
Aveva solutions limited, high cross, madingley road, cambridge, united. Chief financial officer james kidd will take the reins as ceo in january. When frances schneider electric first agreed to merge its software assets with aveva in. He will become president for a further year when his resignation as ceo takes effect at the end of december. Alfa financial software holdings plc 107517 company status active correspondence address moor place, one fore street avenue, london, united kingdom, ec2y 9dt. Richard longdon non executive chairman murgitroyd linkedin. Aveva group plc ceo richard longdon to quit at the end of. After all, what goes on at aveva, the international engineering design software development company, is hard to.
Aveva group plc is a british multinational information technology company headquartered in cambridge, united kingdom aveva grew out of the governmentfunded computeraided design centre, which was established in 1967. Aveva and schneider software to create a global leader in. Aveva today announced the acquisition of all assets relating to the advanced visualisation and simulation software of global majic software, inc. Richard longdon, aveva ceo said in the announcement that, the transaction will be transformational to aveva, creating a global leader in industrial software, which will be able to better compete on a global scale. He succeeds outgoing chairman keith guy, who is stepping down after more than years in the position. Aveva chief richard longdon to step down after merger talks fail the longtime chief executive of aveva announced he is to step down less than a month after a second round of merger talks between. Jun, 2016 in december, avevas stock plunged by more than 30pc when it reported that six months of talks over a possible tieup had collapsed.
Ideagen, a global supplier of integrated risk management software, has announced a new board appointment following the retirement of one its nonexecutive directors jonathan wearing will step down at the end of november after 16 years, with former aveva group plc chief executive officer, richard longdon, replacing him moving into his position officially from november 1st. This deal has a clear and compelling industrial logic, said avevas chief executive richard longdon, who will remain in charge of a group he has led since 1999. Jun 01, 2015 richard longdon, chief executive of aveva photo by aveva aveva group plc announces that it has agreed to acquire fabtrol systems, inc. Schneider to join its software assets with aveva profood world. Jul 21, 2015 schneider electric to take majority stake in aveva. Ceo richard longdon is stepping down as chief executive of cambridge uk software company aveva after 17 years at the helm and 33 years with the technology business as a whole. Frances schneider electric is combining its software operations with britains aveva to create a business active in sectors ranging from nuclear power to pharmaceuticals and less reliant on oil. Aveva ceo richard longdon said on a conference call.
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