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AspenTech, Emerson

Emerson Completes Acquisition of Remaining Outstanding Shares of AspenTech

Emerson (NYSE: EMR) today announced that it has completed its acquisition of all outstanding shares of common stock of Aspen Technology, Inc. ("AspenTech") not already owned by Emerson.

Utilities Middle East · 1d

Emerson Finalises AspenTech Acquisition

Emerson has completed its acquisition of all outstanding shares of Aspen Technology, Inc. ("AspenTech"), solidifying AspenTech as a wholly owned subsidiary. This acquisition, a pivotal move in Emerson's portfolio transformation strategy,

Trade Arabia · 1d

Emerson completes acquisition of 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 the AspenTech business unit as President.

Seeking Alpha on MSN · 2d

Emerson completes purchase of Aspen Technology

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 wholly owned unit of Emerson (NYSE:EMR) and will Aspen will cease to trade,

AspenTech merger complete; company stops trading after 31 years

After 31 years as a publicly-traded Massachusetts company, Aspen Technology has ceased to exist as an independent firm.

17h

EMR Acquires Remaining Stake in AspenTech, Boosts Automation Portfolio

The acquisition of a remaining stake in AspenTech will allow Emerson to penetrate new markets and boost its automation portfolio.

Hosted on MSN1mon

Emerson to acquire remaining shares of AspenTech for $7.2bn

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 ...

The Business Journals19d

AspenTech shareholders challenge multibillion-dollar takeover

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 ...

Investing2d

Emerson finalizes AspenTech acquisition

With this move, AspenTech becomes a fully owned subsidiary of Emerson. According to InvestingPro data, Emerson maintains strong financial health with a Piotroski Score of 7 and annual revenue of $ ...

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