The £19m ($35m) acquisition of top ship design software company, Tribon, appears to be paying off for the Aveva group.

Aveva reports that Tribon performed somewhat ahead of expectations as a result of the strong order books of Asian shipyards

A flooding simulation using Tribon software.
Savings arising from the integration of Malmo, Sweden based Tribon with the Cambridge UK based oil and gas industry software specialist, Aveva, are ahead of expectations and are on course to reduce costs by £2.7m