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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.
AspenTech announced the receipt of the bid and said its board would review the proposal. Shares of AspenTech closed up 1.4% at $241, while those of Emerson ended 7.2% higher at $117.67.
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]
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Seeq's browser-based software is designed for use with time series data, commonly aggregated in data historians such as OSIsoft's PI system, Inductive Automation's Ignition system, and others like Emerson's Ovation and DeltaV, GE Proficy, Honeywell's Uniformance PHD, Wonderware, and AspenTech IP.21. [6] [7]
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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 ...
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. [8]