Digital-twin tech at crux of Schneider Electrics $10.7B deal for Aveva (Network World)

Network World
Digital-twin tech at crux of Schneider Electrics $10.7B deal for Aveva – Digital-twin technology is playing an important role in the plan by French industrial automation company Schneider Electric to fully take over UK industrial and engineering software vendor Aveva, in a $10.7 billion deal announced Wednesday. Schneider has been a majority shareholder of Aveva since 2018, when it bought roughly 60% …

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