Emerson, an automation technology provider, has agreed to acquire the remaining shares it doesn’t own of software supplier AspenTech for $265 per share in an all-cash tender offer. The minority ...
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Global automation and engineering giant Emerson (NYSE: EMR) has agreed to complete its takeover of industrial software solutions provider AspenTech (NASDAQ: AZPN), by buying the shares it doesn't ...
The transaction was unanimously recommended for approval by a special committee of the AspenTech Board of Directors composed of three independent and disinterested directors (the "Special ...
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.
The news sent AspenTech shares to a record high. Software maker Aspen Technology (AZPN) shares hit an all-time high Monday when technology and software provider Emerson Electric (EMR) said it ...
Emerson Electric to acquire AspenTech for $265/share in a $7.2B all-cash deal, pending H1 2025 close. AspenTech to become a wholly owned Emerson subsidiary; shares to be delisted post-transaction.
(Reuters) -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.