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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]
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.
OSIsoft, LLC is a manufacturer of application software for real-time data management, called the PI System. Founded in 1980, OSIsoft was privately held and headquartered in San Leandro, California.
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]
The company has made five acquisitions with a value greater than $1 billion: LifeLock was acquired on Feb 9, 2017 for $2.3 billion, Blue Coat Systems was acquired on Aug 1, 2016 for $4.65 billion, VeriSign was acquired on May 19, 2010, for $1.250 billion, Altiris was acquired on April 6, 2007, for $1.038 billion, and Symantec purchased Veritas ...
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