Emerson Electric Co.'s strategic acquisition of Aspen Technology drives a 'Strong Buy' rating, with a target price of $150 per share. Click for my EMR update.

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Emerson’s Aspen Technology business have announced a strategic ...

Aspen Technology, Inc. (NASDAQ:AZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced that its Board of Directo ...

In May 2022, Emerson's OSI Inc. and Geological Simulation Software (“GSS”) businesses were merged with Aspen. Emerson gave Aspen $6 billion in cash in exchange for a 55% ownership in the company.

Shares of Aspen Technology Inc (AZPN) traded over 2% lower in Monday’s pre-market session after Emerson Electric Co (EMR) said the $265 per share price for acquiring all outstanding shares of ...

Emerson Electric (NYSE: EMR) agreed to buy the shares of Aspen Technology (NASDAQ: AZPN) it didn’t own in a deal that values the software company’s remaining stake at $7.2 billion.

Emerson acquired a 55% position in Aspen in 2022 and until May 2024 had a standstill agreement preventing it from acquiring additional stock (it got to 57% through share repurchases by the company).

Feb 10 (Reuters) - Emerson Electric (EMR.N) said on Monday that its $265 per-share offer to acquire Aspen Technology (AZPN.O) was its "best and final" price.

Ferguson-based technology and engineering firm Emerson Electric said its new software subsidiary, Aspen Technology, has made its first acquisition under Emerson's majority ownership, a deal that ...

On Nov. 5, 2024, Emerson Electric (EMR), which currently owns approximately 57.4% of Aspen's outstanding shares, issued a tender offer to acquire all outstanding shares of Aspen not already owned ...