Completing the $7.2 billion buyout of AspenTech "marks a key milestone in the final phase of Emerson's portfolio ...
After 31 years as a publicly-traded Massachusetts company, Aspen Technology has ceased to exist as an independent firm.
Emerson (NYSE: EMR) today announced that it has completed its acquisition of all outstanding shares of common stock of Aspen ...
The acquisition of a remaining stake in AspenTech will allow Emerson to penetrate new markets and boost its automation portfolio.
AspenTech is now a wholly owned subsidiary of Emerson. Antonio Pietri will retire from his role as CEO of AspenTech. Vincent Servello has been appointed to lead the AspenTech business unit as ...
Emerson Electric (NYSE:EMR) completed its acquisition of Aspen Technology (NASDAQ:AZPN) shares that it didn't already own for $265 a share. With the completion of the purchase, AspenTech is now a ...
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Emerson to acquire remaining shares of AspenTech for $7.2bnEmerson, an automation technology provider, has agreed to acquire the remaining shares it doesn’t own of software supplier AspenTech for $265 per share in an all-cash tender offer. The minority ...
We are raising our fair value estimate to $265 per share from $240 previously for wide-moat AspenTech after the firm reported strong second-quarter results. Our fair value reflects the acquisition ...
Emerson has completed its acquisition of all outstanding shares of Aspen Technology, Inc. ("AspenTech"), solidifying ...
ST. LOUIS - Emerson (NYSE: EMR), a global industrial technology leader with a market capitalization of $62.4 billion and impressive gross profit margins of 52.4%, announced the completion of its ...
LOUIS, March 12, 2025 /PRNewswire/ -- Emerson (NYSE: EMR) today announced that it has completed its acquisition of all outstanding shares of common stock of Aspen Technology, Inc. ("AspenTech ...
With the completion of the acquisition, AspenTech is now a wholly owned subsidiary of Emerson. Antonio Pietri will retire from his role as CEO of AspenTech. Vincent Servello has been appointed to lead ...
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