Emerson Electric Co. to acquire remaining shares of AspenTech for $7.2 billion
Acquiring Company
Emerson Electric
Acquired Company
Aspen Technology
Description
Emerson Electric Co., a technology and software company, has entered into an agreement to acquire all outstanding shares of Aspen Technology, Inc. This acquisition, valued at $7.2 billion, aims to further enhance Emerson's offerings in essential industries and facilitate operational optimization and sustainability goals.
Quick answer
Emerson Electric is acquiring Aspen Technology for $7.2 billion, announced January 29, 2025. Emerson Electric is based in St. Louis, Missouri, United States.
- How much did Emerson Electric pay for Aspen Technology?
- The reported deal value is $7.2 billion.
- 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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Frequently asked
Who acquired Aspen Technology?
Aspen Technology was acquired by Emerson Electric, based in St. Louis. The deal was reported on January 29, 2025. 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 January 29, 2025. Emerson Electric Co., a technology and software company, has entered into an agreement to acquire all outstanding shares of Aspen Technology, Inc. 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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