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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 ...
(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.
Emerson Electric Company (NYSE:EMR) shares traded higher on Tuesday after the company reported fourth-quarter FY24 results. Net sales growth of 13% year over year to $4.62 billion, beating the ...
Emerson Electric To Buy Out AspenTech Minority Stake In $7.2 Billion Cash Deal. 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 al…
Emerson Electric office in Markham, Ontario. Emerson Electric Co. is an American multinational corporation headquartered in St. Louis, Missouri. [2] [3] [4] The Fortune 500 company delivers a range of engineering services, manufactures industrial automation equipment, climate control systems, and precision measurement instruments, and provides software engineering solutions for industrial ...
David Nelson Farr (born 1955) is an American business executive. He was the chairman and CEO of Emerson Electric Company, a Fortune 500 company. [1] [2] Farr has worked at the company since 1981 and retired as CEO on Feb 5, 2021. [3]
In 1987, Liebert Corporation was acquired by Emerson Electric for $430 million in stock. [7] [8] The company remained a subsidiary of Emerson until 2000, when the company consolidated its network and computer protection businesses to form its Emerson Network Power platform group. [8] In 2016, Platinum Equity acquired the division and renamed it ...
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