Emerson Electric Co. makes unsolicited acquisition proposal to Aspen Technology, Inc.
Acquiring Company
Emerson Electric
Acquired Company
Aspen Technology
St. LouisBedfordManufacturingEnergyOil And GasManufacturingInformation TechnologySoftwareDescription
Aspen Technology, Inc. has announced that its Board of Directors received an unsolicited, non-binding proposal from Emerson Electric Co. to acquire all of the outstanding shares of common stock of the Company not already owned by Emerson for cash consideration of $240.00 per share.
Quick answer
Emerson Electric is acquiring Aspen Technology, announced November 5, 2024. Emerson Electric is based in St. Louis, Missouri, United States.
- How much did Emerson Electric pay for Aspen Technology?
- The deal value was not disclosed.
- What does Emerson Electric do?
- Emerson Electric Co is a diversified global technology and engineering company.
- Where are Emerson Electric and Aspen Technology based?
- Emerson Electric is based in St. Louis, Missouri, United States. Aspen Technology is based in Bedford, Massachusetts, United States.
- Who are the decision-makers at Emerson Electric?
- Fundz holds 2 contacts at Emerson Electric. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Emerson Electric, and when
When Emerson Electric changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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- The decision-makers there, with verified emails
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Frequently asked
Who acquired Aspen Technology?
Aspen Technology was acquired by Emerson Electric, based in St. Louis. The deal was reported on November 5, 2024. Emerson Electric Co is a diversified global technology and engineering company. The company provides solutions for customers in industrial, commercial, and consumer markets. Emerson Electric is publicly traded (EMR) and operates in Manufacturing.
When did Emerson Electric acquire Aspen Technology?
Emerson Electric's acquisition of Aspen Technology was reported on November 5, 2024. Aspen Technology, Inc. has announced that its Board of Directors received an unsolicited, non-binding proposal from Emerson Electric Co. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Aspen Technology do?
Aspen Technology, Inc. is a global software leader helping industries at the forefront of the world’s dual challenge meet the increasing demand for resources from a rapidly growing population in a profitable and sustainable manner. It is privately held, operating in Manufacturing, and is based in Bedford.
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