News

Emerson Electric has agreed to acquire the remaining stock of Aspen Technology valuing the software company’s remaining stake at $7.2 billion. Emerson, an automation technology giant ...
With the completion of the purchase, AspenTech is now a wholly owned unit of Emerson (NYSE:EMR) and will Aspen will cease to ...
ST. LOUIS, March 12, 2025 /PRNewswire/ -- Emerson (NYSE: EMR) today announced that it has completed its acquisition of all outstanding shares of common stock of Aspen Technology, Inc. ("AspenTech ...
The American technology company Emerson Electric Co. entered into an agreement to acquire the remaining 43% stake in Aspen Technology, Inc. (AspenTech). This is reported in a press release from ...
Under the terms of the merger, Emerson Electric Co.’s subsidiary, Emersub CXV, Inc., initiated a cash tender offer to acquire all outstanding shares of Aspen Technology at $265 per share.
In a significant consolidation within the industrial software sector, Emerson Electric Co. (NYSE:EMR), a $62.4 billion market cap industrial giant with impressive gross profit margins of 52.4%, has ...
Emerson is in the final stages of a significant portfolio transformation, which is expected to support higher growth and improved margins. A key component of this transformation is the recent ...
LOUIS, March 10, 2025 /PRNewswire/ -- Emerson (NYSE: EMR) today announced that it has extended the expiration of its tender offer to acquire all outstanding shares of common stock of Aspen ...