OSIsoft
| Company type | Private |
|---|---|
| Industry | Software |
| Founded | 1980 |
| Fate | Acquired by Aveva |
| Headquarters | San Leandro , United States |
| Products | PI System, PI ProcessBook, PI Server, PI DataLink, PI Vision |
| Parent | Aveva (since 2021) |
OSIsoft, LLC operated as a privately held American software enterprise focused on managing real-time data, primarily through its leading solution, the PI System. Established in 1980 and based in San Leandro, California, OSIsoft's product suite included notable offerings such as PI ProcessBook, PI Server, PI DataLink, and PI Vision. In August 2020, the UK industrial software corporation Aveva announced plans to acquire OSIsoft for $5 billion; this transaction was completed on March 19, 2021, with a total value of £3,831.4 million.
History
On January 5, 2011, OSIsoft obtained a $135 million minority stake investment from Technology Crossover Ventures and Kleiner Perkins Caufield & Byers, aimed at accelerating its development and innovation efforts.
OSIsoft was associated with Lit San Leandro, an initiative that established a fiber-optic network within San Leandro to link technology companies and other enterprises. Lit San Leandro also put forward plans to extend high-speed fiber-optic connectivity to the industrial zone located in nearby Hayward, California.