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Investing.com -- Emerson (NYSE:EMR) Electric, a major player in automation technology, has agreed to purchase the remaining shares of Aspen Technology (NASDAQ:AZPN), a move that values the ...
Industrial software company Aspen Technology is now a subsidiary of St. Louis-base Emerson Electric after their $7.2 billion deal closed. Industrial software company Aspen Technology is now a ...
The firm expressed its disagreement with Aspen's decision to support a $265 per share tender offer by Emerson Electric, noting that it substantially undervalues the company. When Emerson publicly ...
In other recent news, Emerson Electric has finalized its acquisition of Aspen Technology, Inc., marking a significant development in its portfolio transformation. This acquisition was completed ...
In other recent news, Emerson Electric Co. has confirmed its plan to acquire the remaining shares of Aspen Technology for $7.2 billion. This acquisition will allow Emerson to own 100% of Aspen’s ...
Emerson Electric Co. EMR recently acquired all outstanding shares of Aspen Technology, Inc.’s (AZPN) (AspenTech) common stock that it did not already own. It is worth noting that EMR acquired a ...
Aspen Technology, Inc. (NASDAQ:AZPN), a technology company with a market capitalization of $16.73 billion and strong financial health according to InvestingPro metrics, has officially become a wholly ...
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Emerson Electric Agrees to Acquire Remaining Aspen Technology Stock in $7.2 Billion DealEmerson 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 ...
When Emerson publicly announced its tender offer, Aspen stock was trading at approximately ... In January 2023, Schneider Electric closed out its acquisition of Aveva, buying out the remaining ...
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 ...
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