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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.
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]
(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.
The company in 2021 merged its software units with smaller rival Aspen Technology and took control of about 55% of the combined entity. ... Emerson proposed to buy its remaining stake in AspenTech ...
Emerson Electric Co said on Monday it would merge its software units with smaller rival Aspen Technology in a deal for about $11 billion, boosting its industrial automation business that caters to ...
This is a list of software and information technology companies that are in the Fortune 500 list of the largest U.S. companies by revenue in the year of 2024. Company Type
The combined industrial software company will comprise Emerson's grid modernization technology and geological simulation software, and AspenTech's software offerings to mining, manufacturing, and ...
2003 Acquired substantially all of the assets of J&D Engineering (UK) Limited. 2004 Acquired Spacelabs Medical. 2005 Acquired Blease Medical Holdings Limited. 2006: OSI acquires Del Mar Reynolds, the British diagnostic cardiology company and adds it to the healthcare organization. 2011 Established new office in Hitech City in Hyderabad.