OSIsoft

American software company, 1980 to 2021 From Wikipedia, the free encyclopedia

OSIsoft

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;[2] the purchase was subsequently completed on 19 March 2021 for a final consideration of £3,831.4 million.[3][4]

Quick Facts Company type, Industry ...
OSIsoft, LLC
Company typePrivate
IndustryApplication software
Founded1980
FounderJ. Patrick Kennedy
DefunctMarch 19, 2021; 4 years ago (2021-03-19)[1]
FateAcquired
SuccessorAveva
HeadquartersSan Leandro, California, USA
Key people
J. Patrick Kennedy (CEO)
Michael Siemer (President)
ProductsPI System  · PI ProcessBook  · PI Server  · PI DataLink  · PI Vision
Number of employees
>1300 (2016)
Websiteosisoft.com
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History

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

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.[6]

References

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