AspenTech stock stopped trading on the Nasdaq. AspenTech spun out from MIT in 1981 and makes software for process manufacturing for the energy, chemical, pharmaceuticals, engineering and ...

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, an industrial technology and software business, on Wednesday closed its previously announced deal to buy the rest of Bedford, Massachusetts-based AspenTech's stock that it didn't already own.

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 ...

Compelling and certain value of $265 per share in cash, unanimously recommended by the independent AspenTech Special Committee, represents Emerson's best and final price ST. LOUIS, Feb. 10 ...

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 $ ...

Per the deal, EMR will offer $265 in cash for each of the remaining shares of AspenTech. This transaction values the to-be-acquired company at a market capitalization of $17.0 billion, with an ...

Emerson said on Monday that the price had been actively negotiated between the company and the AspenTech Special Committee for almost three months. “The Special Committee took advice from its ...

(the "Company" or "AspenTech"), today issued the following statement regarding the tender offer (the "Tender Offer") by Emerson Electric Co. (NYSE: EMR) ("Emerson") for all AspenTech shares it ...

The company said $265 per share price is Emerson's best and final price which was actively negotiated over a period of almost three months between Emerson and the AspenTech Special Committee.

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 ...