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.
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 ...
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 ...
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 $ ...