AVEVA Enters Agreement to Acquire TwinThread

Statement regarding AVEVA World 2026 announcement: As announced at AVEVA World 2026, AVEVA has entered into an agreement to acquire TwinThread. The proposed transaction represents a shared vision to advance industrial intelligence through the combined strengths of AVEVA’s data and analytics platforms and TwinThread’s AI, digital twin, and predictive analytics capabilities. The completion of the transaction remains subject to customary closing conditions, including regulatory approvals. Until that time, AVEVA and TwinThread will continue to operate as independent businesses and remain fully committed to delivering the same high level of service, innovation, and support our customers expect. We will provide further updates as appropriate and remain focused on supporting our customers’ ongoing success.