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Aspen Technology, Inc. (NASDAQ:AZPN) shares are trading higher premarket on Monday after the company inked a deal to be acquired by Emerson Electric Company (NYSE:EMR) in an all-cash tender offer ...
The company in 2021 merged its software units with smaller rival Aspen Technology and took control of about 55% of the combined entity. ... Emerson offered $240 per share in cash for the rest of ...
Aspen Technology (AZPN) is benefiting from expanding product portfolio and innovative pipeline. Further, synergies from Sabisu acquisition are a tailwind.
The collaboration will allow Aspen's Mtell clients to create foretelling strategies focused on industrial AI and machine learning. [19] 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 ...
Access Technology: VAX (division of H&R Block) United States: Undisclosed [25] May 6, 1992: Nantucket Corporation: Xbase United States $ 80,000,000 (estimated) CA-Clipper [26] [27] September 1992: Glockenspiel Ltd. C++ compiler Ireland Undisclosed Aspen [28] June 24, 1994: ASK Group: Unix database United States $ 308,700,000: Ingres [29] [30 ...
Avant! itself resulted from the merger of ArcSys and Integrated Silicon Systems on November 27, 1995. It acquired Anagram on September 27, 1996, Meta-Software on October 29, 1996, FrontLine Design Automation on November 27, 1996, and Nexsyn Design Technology on December 31, 1996.
Earlier this month, Emerson proposed to buy its remaining stake in AspenTech at a valuation of $15.1 billion, as the company banks on demand from industrial automation. The company in 2021 merged ...
List of largest mergers and acquisitions; References This page was last edited on 1 July 2024, at 13:38 (UTC). Text is available under the Creative Commons ...