Why Aveva Is Buying Osisoft in $5 Billion Deal

Aviva, an engineering software company, has announced its acquisition of OS Isoft, a leading industrial software firm. The acquisition is seen as a strategic move to enhance Aviva's capabilities in industrial data management, crucial for machine learning and AI applications. Despite the uncertain business environment due to COVID-19, Aviva has managed to conserve cash and adapt to digital operations, allowing it to pursue growth opportunities. The acquisition, valued at $5 billion, is part of Aviva's strategy to become a leading independent industrial software company.

What is the primary focus of Aviva's acquisition of OSIsoft?

• To enter the financial services sector

• To expand into the consumer software market

• To enhance its industrial software capabilities

• To diversify into hardware manufacturing

How did Aviva respond to the challenges posed by the COVID-19 pandemic?

• By increasing travel and in-person meetings

• By expanding its physical office spaces

• By reducing its digital presence

• By conserving cash and moving to digital operations

What was a key factor that allowed Aviva to pursue the acquisition of OSIsoft?

• A partnership with a tech giant

• Savings from reduced travel and digital events

• A decrease in market competition

• A government grant for acquisitions

What financial strategy did Aviva employ to facilitate the OSIsoft acquisition?

• Cutting employee salaries

• Leveraging its balance sheet

• Taking on significant debt

• Issuing new shares

What was the purchase price for OSIsoft on a cash flow and debt-free basis?

• $3 billion

• $4 billion

• $6 billion

• $5 billion