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Octave announces acquisition of Cerebre

  • Octave Intelligence plc announced the acquisition of U.S.-based software company Cerebre on November 11, 2026.
  • Cerebre transforms fragmented engineering schematics, plant data, & knowledge into a connected plant model for mission-critical facilities.
  • The combination of Octave's engineering system of record with Cerebre's plant model aims to strengthen industrial AI use cases in brownfield facilities.
  • Octave serves 60% of Fortune 500 companies & expects the acquisition to support accelerated ARR growth & new licensing models.
  • Cerebre's approach starts with the physical plant to enable engineers & AI to reason over a trusted, real-time model.
  • Cerebre's capabilities will be delivered through the Octave platform & made available to customers of Octave's engineering & operations solutions.
  • Founded in 2019, Cerebre is deployed at over 200 plants across leading energy companies & handles billions of data points.
  • Cerebre is expected to generate $8M in revenue in 2026, with the majority derived from ARR.
  • Octave employs approximately 7,200 people across 45 countries & provides software for the Design, Build, Operate, & Protect asset lifecycle stages.
  • The press release includes standard forward-looking statements regarding risks, uncertainties, & the potential for results to differ from projections.
Company
Octave Intelligence plc
Keywords
Nasdaq:OCTV, Octave Intelligence plc