News

AVEVA acquires MaxGrip’s APM software solutions

MaxGrip is excited to announce that AVEVA has acquired our Asset Performance Management (APM) software solutions. The MaxGrip shareholders have unanimously approved the acquisition. From now on, MaxGrip is going to focus on Asset Performance Management consultancy services.

AVEVA is a global leader in engineering and industrial software. The company values MaxGrip’s APM software solutions, built on a foundation of industrial expertise and practical experience with optimizing asset performance. The acquisition will accelerate the development of software solutions pioneered by MaxGrip and fit in perfectly with AVEVA’s industry-leading APM portfolio.

The AVEVA bid is a logical consequence of the company’s goal to offer the broadest portfolio of APM software solutions that deliver customer ROI. Adding the MaxGrip capabilities enable customers to realize the highest levels of reliability, availability, safety and efficiency in operating their capital assets, and move from reactive and predictive maintenance to prescriptive maintenance.

“The acquisition reinforces the partnership, as MaxGrip is going to be a strategic AVEVA partner to help our customers to maximize benefits of the software in their business. We will maintain an active operating relationship”, says Kim Custeau, Vice President Asset Performance Management at AVEVA. “The great potential is in the ability to integrate real-time engineering processes. It is an exciting time to add the MaxGrip software to our APM portfolio.”

“For MaxGrip, the sale of the software activities does not change the primary focus on APM consultancy services, says CEO Jakob Boelens. This development will intensify our focus on expanding the network and growing our international reputation as expert APM consultants. It will strengthen the global recognition of MaxGrip as the go-to partner for helping asset-intensive organizations with their digital transformation.”

Every day, MaxGrip experts help clients to create their own unique organizational roadmaps and implement the APM strategies that will support their business results. The partnership with AVEVA will continue to reinforce MaxGrip’s expertise on Operational Technology (OT), including the crucial links between Process Automation and Asset Management.

Jakob Boelens concludes: “We believe that making the right connections between people, processes and technology, meaning both IT and OT systems, is the key to successful asset management. We know that the agreement with AVEVA and our continued partnership will increase our ability to assist companies in exploiting the full potential of digital transformation.

Read the Aveva Press release here >