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Emerson and AspenTech Complete Transaction, Creating New …
LOUIS (May 16, 2022) – Emerson (NYSE: EMR) and AspenTech today announced the successful closing of the combination of Emerson’s industrial software businesses – OSI Inc. and its Geological Simulation Software business – with AspenTech to create a global industrial software leader (“new AspenTech”).
Emerson to Acquire Remaining Outstanding Shares of AspenTech
Emerson and Aspen Technology, Inc. today announced that they have reached an agreement under which Emerson will acquire all outstanding shares of common stock of AspenTech not already owned by Emerson for $265.00 per share pursuant to an all-cash tender offer.
Aspen Technology Completes Emerson Transaction, Expanding …
BEDFORD, Mass. – May 16, 2022 – Aspen Technology, Inc. (NASDAQ:AZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced the completion of its transaction with Emerson Electric Co. (NYSE:EMR) (“Emerson”), including the addition of Emerson’s OSI Inc. and Geological Simulation Software (GSS ...
Emerson Announces Key Actions to Complete the Portfolio …
Nov 5, 2024 · Emerson has made a proposal to acquire all outstanding shares of common stock of AspenTech (NASDAQ: AZPN) (“AspenTech”) not already owned by Emerson for $240 per share in cash. The proposed transaction follows Emerson’s 55% majority investment in AspenTech, which was completed in 2022.
Aspen Technology Announces Receipt of Unsolicited Acquisition …
BEDFORD, Mass. – November 5, 2024, Aspen Technology, Inc. (NASDAQ:AZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced that its Board of Directors received an unsolicited, non-binding proposal letter, dated November 5, 2024, from Emerson Electric Co. (NYSE:EMR) (“Emerson”), to acquire all ...
Emerson Issues Statement at Launch of AspenTech Tender Offer
1 day ago · Compelling and certain value of $265 per share in cash, unanimously recommended by the independent AspenTech Special Committee, represents Emerson's best and final price . ST. LOUIS, Feb. 10, 2025 ...
Emerson offers to buy rest of AspenTech in $15 bln deal to …
Nov 5, 2024 · 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.
Aspen Technology Upgraded Amid Takeover Dispute with Emerson
1 day ago · Aspen Tech shares dropped 3% on Monday after Emerson's speech, despite the upgrade. Aspen Tech shares fell 2.8% to $266.89 as of 1:50 p.m. ET on Monday, following Emerson's statement.
Emerson Electric (EMR) to Fully Acquire Aspen Technology …
Jan 27, 2025 · Emerson Electric (EMR) has agreed to acquire the remaining 43% of Aspen Technology (AZPN) it does not already own, in a $7.2 billion deal announced Monday. The transaction values Aspen’s fully...
Emerson to complete buyout of AspenTech for $7.2 billion
Jan 28, 2025 · Emerson and Aspen Technology have reached an agreement under which Emerson will acquire all outstanding shares of common stock of AspenTech not already owned by Emerson for $265.00 per share, the companies said.