Octave Intelligence plc announced the acquisition of Cerebre, a U.S.-based software company. Cerebre turns fragmented engineering schematics, plant data, and engineering knowledge into a connected plant model. The acquired business expects US$8 million in revenue in 2026, most of that amount as annual recurring revenue.
Why Octave bought Cerebre
Octave says Cerebre provides insights into existing facilities. The software helps create a unified plant model. Octave expects the deal to support new licensing models and stronger recurring revenue growth.
Octave's footprint
Octave provides mission-critical software for facilities and infrastructure. It has approximately 7,200 employees in 45 countries. Its installed base covers 60% of Fortune 500 companies.
Cerebre's technology
Cerebre was founded in 2019 and serves leading energy companies. Its software is deployed across more than 200 plants and billions of usable data points. The model lets reliability, process, inspection, and operations teams review plant conditions and make final decisions.
Octave plans to share more detail in the coming months. Cerebre's model remains the customer's and operates alongside tools already in use. The capabilities will be available through Octave's engineering and operations solutions.