AVEVA Engineering is highly versatile and configurable. It is typically used as an authoring tool for the process and mechanical disciplines, but is equally well suited for pipe stress, safety or other specialist disciplines.

While AVEVA will now be wholly owned and part of Schneider Electric, intentions have been set out to preserve AVEVA's business autonomy, future R&D investments, and enhancement of the potential benefits for customers and meeting their needs faster with a stronger portfolio of solutions.

Whilst AVEVA will now be wholly owned and part of Schneider Electric, intentions have been set out to preserve AVEVA's business autonomy, future R&D investment, and enhancing the potential benefits for customers and meeting their needs faster with a stronger portfolio of solutions.

Schneider Electric has agreed to buy the rest of UK software firm Aveva, in an acquisition worth nearly £9.5 billion (US $11 billion). The French firm has owned 60% of Aveva since a £3 billion reverse takeover in 2017. The deal saw Schneider fold its software assets into the UK company.