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.

Discuss the significance of the term 'historian' in relation to OS Isoft's software.

What are the implications of Aviva's growth and market valuation increase over the past two and a half years?