Acquisition

17 December 2012

AVEVA Group plc

Acquisition of the Assets of Global Majic Software, Inc.

AVEVA Group plc ("AVEVA"; stock code: AVV), one of the world's leading providers of engineering design and design IT systems, announces the acquisition of the assets of US-based Global Majic Software, Inc. ("GMS") for an undisclosed consideration.

The acquisition brings industry proven simulation products that complement AVEVA's existing visualisation technology by providing an immersive environment enabling virtual access to plant facilities. The acquired products enable life-like virtual walk-through of the digital plant enabling Plant Operators to conduct inspection planning, plant familiarisation, maintenance review and training while minimising the need to expose staff to hazardous on-site working. They build on AVEVA's existing engineering and information management tools that allow for the creation of a "digital plant".

The acquisition brings to AVEVA a small team of simulation specialists who develop, distribute and support the Global Majic products. The team will become part of AVEVA's simulation development team and bring experience from asset intensive industries and expertise in the latest in 3D 'gaming technologies' that are enabling new levels of realism in the simulations AVEVA will bring to its customers.

Enquiries:

www.aveva.com