OSIsoft, LLC is a manufacturer of

application software Application software is any computer program that is intended for end-user use not operating, administering or programming the computer. An application (app, application program, software application) is any program that can be categorized as ...

for real-time data management, called the PI System. Founded in 1980, OSIsoft was privately held and headquartered in

San Leandro, California San Leandro (Spanish language, Spanish for "Leander of Seville, St. Leander") is a city in Alameda County, California, United States. It is located in the East Bay of the San Francisco Bay Area; between Oakland, California, Oakland to the northwe ...

. In August 2020, it was announced that the UK-based production company AVEVA agreed to buy OSIsoft in a deal worth $5 billion; the purchase was subsequently completed on 19 March 2021 for a final consideration of £3,831.4 million.

History

On January 5, 2011, OSIsoft announced a $135 million minority investment by

Technology Crossover Ventures TCMI, Inc. better known by the name TCV (Technology Crossover Ventures) is an American investment firm based in Menlo Park, California. The firm mainly invests in public and private growth-stage companies in the technology industry. Background ...

and

Kleiner Perkins Caufield & Byers Kleiner Perkins, formerly Kleiner Perkins Caufield & Byers (KPCB), is an American venture capital firm which specializes in investing in incubation, early stage and growth companies. Since its founding in 1972, the firm has backed entrepreneur ...

. 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.KQED Jan 18 2012 OSIsoft and Lit San Leandro Bringing Fiber-Optic to Tech Firms
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References

{{Authority control Time series software Data analysis software Data and information visualization software MES software Software companies established in 1980 Software companies based in the San Francisco Bay Area Companies based in San Leandro, California 1980 establishments in California Defunct software companies of the United States 2021 mergers and acquisitions