Following the successful completion of the spin-off of Octave Intelligence plc (Nasdaq: OCTV) from parent company Hexagon AB on May 22, Octave’s Swedish depositary receipts commenced trading on Nasdaq Stockholm on May 25, and Octave’s Class B ordinary shares commenced trading on the Nasdaq Global Select Market in New York on May 28.
Building on 30 years of expertise and partnership with the world’s biggest and most complex organizations, including more than 60 percent of the Global Fortune 500, Octave delivers connected, contextual intelligence solutions for the organizations that can’t afford to fail.
Every day, the world's most complex organizations: power grids, rail networks, manufacturing plants, public safety systems, and entire cities, keep critical infrastructure running through Octave’s solutions by connecting expertise, real-world conditions, and enterprise-scale insight to improve performance, resilience, and incident response where it matters most. By linking data, decisions, and outcomes across the design, build, operate, and protect phases, Octave creates shared knowledge where every new data source strengthens the system, yielding compounding insight over time.
Inderpreet Shoker, ARC Advisory Group, commented, "Octave could become a core digital thread for its industrial end users by connecting fragmented data across the full asset lifecycle, from design and construction through long-term operations and infrastructure protection. The company and its listing can unlock incredible potential for accelerated growth, technological innovation, and long-term value for end users as well as its shareholders worldwide."
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