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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 USD 6 billion and received a controlling interest (55%) of the common stock of the new entity.
Emerson Electric Co (NYSE: EMR) aims to merge two of its software businesses with Aspen Technology Inc (NASDAQ: AZPN) in an $11 billion deal in a cash-and-stock transaction valuing the new company ...
(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 ...
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]
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 ...
OSI, a wholly owned subsidiary of the Sobha Group, develops and markets an OSS suite targeted for Communications Service Providers. February 2008, Longview Software and OSI sign an Asset Purchase Agreement for OSI to acquire Longview intellectual property, products and technology. Longview software is a maker of off-the-shelf tools and custom applications that add value to many
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