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OSIsoft

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American software company, 1980 to 2021
OSIsoft, LLC
OSIsoft building on the San Leandro Tech Campus, adjacent to San Leandro BART
Company typePrivate
IndustryApplication software
Founded1980
FounderJ. Patrick Kennedy
DefunctMarch 19, 2021; 3 years ago (2021-03-19)
FateAcquired
SuccessorAveva
HeadquartersSan Leandro, California, USA
Key peopleJ. Patrick Kennedy (CEO)
Michael Siemer (President)
ProductsPI System  · PI ProcessBook  · PI Server  · PI DataLink  · PI Vision
Number of employees>1300 (2016)
Websiteosisoft.com

OSIsoft, LLC is a manufacturer of application software for real-time data management, called the PI System. Founded in 1980, OSIsoft was privately held and headquartered in San Leandro, California. In August 2020, it was announced that the UK-based production company AVEVA agreed to buy OSIsoft in a deal worth $5 billion; the purchase was subsequently completed on 19 March 2021 for a final consideration of £3,831.4 million.

History

On January 5, 2011, OSIsoft announced a $135 million minority investment by Technology Crossover Ventures and Kleiner Perkins Caufield & Byers.

Lit San Leandro, a business associated with OSIsoft, has built a fiber-optic network in the city of San Leandro, linking high tech and other businesses. They have also proposed providing a high-speed fiber-optic network for the industrial corridor in nearby Hayward.

References

  1. "Completion of Acquisition of OSIsoft, LLC". tools.eurolandir.com. Retrieved 2021-09-24.
  2. Provan, Sarah; Fildes, Nic (August 25, 2020). "Aveva to buy US tech group OSIsoft in $5bn deal". Financial Times. Retrieved August 25, 2020.
  3. "Completion of Acquisition of OSIsoft, LLC". tools.eurolandir.com. Retrieved 2021-09-24.
  4. "Annual Report 2021" (PDF). AVEVA. Retrieved 24 September 2021.
  5. "News" (Press release).
  6. KQED Jan 18 2012 OSIsoft and Lit San Leandro Bringing Fiber-Optic to Tech Firms
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