After 31 years as a publicly-traded Massachusetts company, Aspen Technology has ceased to exist as an independent firm.
The acquisition of a remaining stake in AspenTech will allow Emerson to penetrate new markets and boost its automation portfolio.
The transaction followed the conclusion of a tender offer for all outstanding shares of AspenTech at $265 per share, which expired on Tuesday, March 11, 2025. The tender offer, initiated on February ...
An AspenTech investor has filed a lawsuit to stop the company's acquisition by its majority shareholder. In a complaint filed in state Superior Court last week, investor Melissa Latham claimed ...
Emerson, 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 ...
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 ...
Completing the $7.2 billion buyout of AspenTech "marks a key milestone in the final phase of Emerson's portfolio ...