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Emerson, AspenTech
Emerson to buy the rest of automation company AspenTech
The move comes as the company looks to transform from an old-school industrial company to a technology-forward firm focused on automation.
Emerson To Complete AspenTech Takeover For $7.2 Billion
Global engineering and automation giant Emerson has agreed to complete its takeover of industrial software solutions provider AspenTech.
Emerson to buy remaining stake in AspenTech for $7.2 billion
U.S. industrial company Emerson Electric agreed to pay $7.2 billion to buy the remaining shares in software supplier AspenTech that it does not already own, the companies said on Monday. The takeout deal strengthens Emerson's transformation from its 1890 origins as a motor and fan manufacturer in St.
Emerson Buys Rest of AspenTech at $17 Billion Valuation
Emerson Electric Co. agreed to buy the rest of Aspen Technology that it doesn’t already own in a deal that values the industrial-software company at a fully diluted market value of $17 billion.
Aspen to Be Acquired by Emerson in an All-Cash $7.2 Billion Deal
Emerson is set to acquire all remaining outstanding shares of AZPN's common stock, valuing the minority stake at $7.2 billion.
Emerson Electric Agrees to Acquire Remaining Aspen Technology Stock in $7.2 Billion Deal
Emerson is set to acquire the remaining minority shares in Aspen, representing about 43% of the company’s stock at $265 a share.
Emerson to buy the rest of automation co. AspenTech
The move comes as the Fortune 500 company looks to transform from an old-school industrial company to a technology-forward firm focused on automation. Emerson invested in 55% of AspenTech in
Emerson Acquires Remaining Stake in AspenTech to Boost Portfolio
Emerson Electric Co. EMR recently announced that it has signed an agreement to acquire the outstanding shares of Aspen Technology, Inc. AZPN (AspenTech) for $7.2 billion. It is worth noting that EMR acquired a 55% majority stake in AspenTech in 2022,
Emerson to acquire remaining shares of AspenTech for $7.2bn
The AspenTech board of directors, following the special committee's recommendation, approved the transaction, which also received unanimous approval from Emerson's board of direct
Packaging World
6d
Energy Consumption Monitor
Emerson has launched an Energy Manager solution that provides real-time industrial electricity monitoring, enabling ...
13h
Emerson Electric Co. stock underperforms Thursday when compared to competitors despite daily gains
Emerson Electric Co. closed 3.27% below its 52-week high of $134.85, which the company achieved on December 4th.
2d
Cautious Outlook on Emerson Electric: Sell Rating Due to Concerns Over High-Valuation Acquisition and Strategic Challenges
Morgan Stanley analyst Christopher Snyder maintained a Sell rating on Emerson Electric Company (EMR – Research Report) yesterday and set a ...
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