Cambridge-based engineering software firm Aveva acquired by France's Schneider Electric for £9.9bn pounds ($11.9bn)
Two major investors in Cambridge-based Aveva say they will vote against £9.5bn Schneider offer, saying it underrates long-term value
Aveva is to take over Schneider's software operations, creating a Schneider-owned, Cambridge-based company with a broader reach
The French company is to merge its industrial software operations with those of Aveva