OSIsoft, LLC | |
Type: | Private |
Founder: | J. Patrick Kennedy |
Defunct: | [1] |
Fate: | Acquired |
Successor: | Aveva |
Location: | San Leandro, California, USA |
Key People: | J. Patrick Kennedy (CEO) Michael Siemer (President) |
Num Employees: | >1300 (2016) |
Industry: | Application software |
Products: | PI System PI ProcessBook PI Server PI DataLink PI Vision |
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]