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In May 2022, Aspen Technology was merged with the industrial software businesses of Emerson Electric, OSI Inc. and Geological Simulation Software, to form a new corporate entity, still called Aspen Technology. Emerson paid US$6 billion and received a controlling interest (55%) of the common stock of the new entity.
(Reuters) -Emerson Electric on Tuesday proposed to buy the rest of AspenTech that it does not own at a valuation of $15.1 billion, as the company looks to sharpen its focus on industrial automation.
Automatic Systems International, Inc. (ASI), or Open Systems International (OSI) is an automation software company headquartered in Medina, Minnesota, with international offices in Canada, Colombia, Spain, India, Dubai, Australia, Singapore, and China. Founded in 1992, OSI is privately held and employee-owned. [1]
AspenTech Acquires PSVPlus Adds Relief Valve Sizing Technology to aspenONE ® Engineering Software BURLINGTON, Mass.--(BUSINESS WIRE)-- Aspen Technology, Inc. (NAS: AZPN) , a leading provider of ...
OSIsoft, LLC is a manufacturer of application software for real-time data management, called the PI System. Founded in 1980, OSIsoft was privately held and headquartered in San Leandro, California.
AspenTech Acquires Pipeline Scheduling and Dock Scheduling Software Will Add Pipeline & Dock Scheduling Technology to aspenONE ® Petroleum Supply Chain Software BURLINGTON, Mass.--(BUSINESS WIRE ...
Aspen Technology and Atlassian are part of Zacks Bull and Bear of the Day article.
HYSYS was first conceived and created by the Canadian company Hyprotech, founded by researchers from the University of Calgary. [5] [6] The HYSYS Version 1.1 Reference Volume was published in 1996. [7] In May 2002, AspenTech acquired Hyprotech, including HYSYS for approximately $99 million. [8] [9]