Company type | Private |
---|---|
Industry | Application software |
Founded | 1980 |
Founder | J. Patrick Kennedy |
Defunct | March 19, 2021 [1] |
Fate | Acquired |
Successor | Aveva |
Headquarters | San Leandro, California, USA |
Key people | J. Patrick Kennedy (CEO) Michael Siemer (President) |
Products | PI System · PI ProcessBook · PI Server · PI DataLink · PI Vision |
Number of employees | >1300 (2016) |
Website | 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]
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]
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