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May 16, 2022ACQUISITIONGlendale, California, United States

Emerson and AspenTech complete transaction to create new AspenTech

Emerson combined its industrial software businesses (OSI Inc. and Geological Simulation Software business) with AspenTech, closing the transaction on May 16, 2022. Emerson owns 55% of the new AspenTech.

Status

Completed

Productsindustrial software

CompaniesEmerson acquirer Fluxa target AspenTech target

Sectors#Automation and Robotics

“I am excited to announce the close of our transaction with AspenTech, which accelerates Emerson's software strategy and creates an enhanced, high-performance, leading industrial software company.”business.thepilotnews.com

2 sources
business.thepilotnews.comUser | thepilotnews.com - Emerson and AspenTech Complete Transaction, Creating New AspenTechEmersonMay 16, 2022
emerson.comEmerson Strengthens Leadership in Life Sciences Industry with Acquisition of FluxaJun 29, 2022

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